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A pension is a simple way for you to save for your future. It could help towards things like paying off your mortgage, planning getaways or just getting you the retirement you're after.
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All members can build an Investment Builder pot. If you earn above the salary threshold, you’ll start saving into it automatically. Or, if you make additional contributions or transfer in other pension savings, you’ll also save into it.
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Our retirement checklist will help you understand how to prepare for your future.
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If you’d prefer to receive information by post in the future, that’s fine – you can opt out of digital communications by logging into My USS and reviewing your communications preferences.
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This is a summary.
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As an employer, you are responsible for your financial commitment to the Scheme, and in particular how and when a specific payment - called “employer debt” - may be triggered. These are also sometimes called ‘section 75 debts’ or ‘buy-out debts’.
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The details, dating from 2021, cover around 470,000 active, deferred and retired members. While we await receipt of the specific data from Capita, we have arranged for all current members of the scheme to have access to a leading identity protection service, free of charge.
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With effect from 6 April 2023 the LTA tax charge was abolished. However, certain LTA protections may still provide you with a higher amount of tax-free cash under the new LSA and LSDBA allowances.
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If your P60 isn’t available in My USS, it may be that you haven’t received a payment in the previous financial year. If you think your P60 should be on My USS, contact our Member Service Team on 0333 300 1043.