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On Thursday 19 May 2022, Professor Hutton withdrew her Employment Tribunal claim against USS. This was Professor Hutton’s unilateral decision – there is no settlement agreement. The trustee has decided not to pursue Professor Hutton for its costs. A USS spokesperson said: “This entire course of events has been deeply regrettable. Professor Hutton’s unilateral decision to withdraw her claim is a sensible one.”

An overview of USS, how we’re governed and our valuations

When you and your employer start contributing to USS, you automatically begin to build a pension in the Retirement Income Builder.

If, after you’ve taken the chance to explore our dedicated 2017 valuation pages, you have any questions on the process that we’ve not been able to answer here, you can submit them to a specialist team by using the Contact Us form.

USS has made and continues to make significant commitments to reduce climate change. We’re aiming to be Net Zero for our investments by 2050, if not before. We’ve invested £200m in Bruc Energy, a Spanish solar energy platform. We have over £1.9bn either invested or committed to renewables.

Immerse yourself in its culture and explore every opportunity afforded to you. Don’t be afraid to make a mistake - we all do, but we have procedures in place to deal with them, we learn from them, and we move on.

Universities Superannuation Scheme Limited – the trustee of the UK’s largest private pension scheme by way of assets – is pleased to announce that Professor Adam Tickell will join its board as a Universities UK (UUK)-appointed non-executive director on 1 April 2024.

As you’re building your pension, there are some tax restrictions you need to think about. And these restrictions apply to your pension with us – and with all other UK-based pension schemes.