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The latest valuation will be based on a snapshot of the scheme on 31 March 2026 — but the process itself will run into 2027, as set out in our anticipated timetable.

By law, we have to hold a full valuation at least every three years. It involves comparing how much money the scheme has at a particular date (its assets) with the total estimated amount of money required to pay all the Retirement Income Builder benefits promised to members up to that point in time (its liabilities).

Modern slavery is a crime and a violation of fundamental human rights. It takes various forms, such as slavery, servitude, forced and compulsory labour and human trafficking, all of which have in common the deprivation of a person’s liberty by another in order to exploit them for personal or commercial gain.

A few forms which you may find handy when you’re acting on behalf of a member

Take a look through our FAQs, as well as a selection of helpful articles and videos that may answer your questions.

The costs of providing defined benefit pensions change over time, so we maintain a watchful eye on the things that influence those costs

Watch our two-minute video to find out about the two different parts of USS, where your money goes, and learn what investment decisions you have if you’ve got Investment Builder savings.

The people behind your pension talk you through how it works, what we do with your contributions and what you need to do to manage your pension.

In our latest podcast, members share their plans for the future and their strategies for achieving the lifestyle they want.