Search results

Your dedicated resource page for everything included in your statement

There may be instances where you want to make changes to your investment choices or switch from the Do It For Me option to the Let Me Do It option (or vice versa). In most cases, you can switch whenever you want (we may charge if you make frequent switches).

If you have both Retirement Income Builder benefits and Investment Builder savings, you have a hybrid pension. This means you have both a defined benefit pension, which guarantees you an income at retirement, and a defined contribution pension, which gives you a flexible savings pot that you can use in a variety of ways. So, you’ll get the best of both worlds.

Important information about your Money Purchase AVC arrangement (MPAVC) with Prudential.

Find out how revaluation is applied to your Retirement Income Builder benefits.

It’ll be reviewed every April in line with our standard pension increases and we’ll contact you to let you know about the increase.

We’re aware that the 2023/24 tax codes have not yet been applied to some member payslips, and we’re working to rectify this. Your new tax code will be applied to your May 2023 pension payment, you can view this on your payslip in My USS, or your printed payslip if you receive your communications by post.

Your pension is taxed when you receive it, just like a regular income, using your tax code provided by HMRC.

We don’t charge to transfer other pension savings in to USS. But there are investment management fees that you should to be aware of for pension savings transferred in to your Investment Builder pot.