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Your pension is taxed when in payment just like a regular salary income using your tax code provided by HMRC.

There could be a number of reasons why you're thinking of leaving USS. But whatever your reason, we're here to help you understand your options and what you need to do next.

We held our annual Institutions’ Meeting at the Royal College of Physicians on Thursday 2 December 2021.

We’re funded by contributions from our members and employers. We then invest these contributions so we can pay future benefits that have been promised to our members.

Capita recently reported a cyber incident involving hackers targeting some of its computer servers – potentially impacting several of the cross-sector businesses it serves. We use Capita’s technology platform (Hartlink) to support our in-house pension administration processes and have been liaising closely with the company over the course of its forensic investigations.

The Private Markets Group (PMG) was established in 2007 and currently manages c. £18 billion in assets, comprising more than a quarter of USS’s total assets under management. These assets are managed by the largest team within USSIM, consisting of nearly 50 professionals from a wide range of background and experience.

Rising inflation’s still dominating the headlines and there’s little comfort in being told it won’t last forever because most of us are feeling the effects now.

Whilst contribution rates might be changing, we still pride ourselves on being good value for our members.