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If you have savings in the Investment Builder and want to know more about taking them.
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Find out what you get with USS and how it works.
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It’s a standing agreement that continues each year on a rolling basis. If the salary threshold catches up to your VSC, the salary threshold becomes your new VSC limit.
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The Lump Sum Allowance (LSA) is the limit on the total amount of certain tax-free lump sums that you will be able to receive before marginal rate taxation applies. The limit is £268,275 but may be higher if you have a former Lifetime Allowance (LTA) protection.
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If you want the VSC to continue, you’ll need to let your new employer know, otherwise it’ll stop.
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With Father’s Day approaching, our colleague Bhavin Dhanani reflects on how the extended paternity leave provided to eligible USS employees is the ultimate career and family reset.
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This privacy notice explains how the scheme may use your personal data in its operations (whether you are a member of the scheme, a spouse or other beneficiary of a member of the scheme or otherwise engage with the scheme) and the rights you have in relation to your personal data.
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This privacy notice explains how the scheme may use your personal data in its operations (whether you are a member of the scheme, a spouse or other beneficiary of a member of the scheme or otherwise engage with the scheme) and the rights you have in relation to your personal data.
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Our approach to responsible investment. USS is a long-term, responsible investor with a legal duty to invest in the best financial interests of our members and beneficiaries, so we can pay pensions long into the future.