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Yes, employers will contribute to your Investment Builder pot if you earn over the Salary Threshold which will be set at £40,000 from 1 April 2022. To give you an idea of how the contributions work. You have a total contribution of 31.4% of salary going into the scheme, 21.6%* from your employer and 9.8% from you.

Prudence is a way of managing the scheme’s risk. We haven’t taken an aggressive approach to this prudence but one that’s consistent with our legal obligations.

US taxation is a complex area which could have significant financial implications for those members with US citizenship.

No, Universities Superannuation Scheme itself is not a PFIC. Investment in a PFIC can result in additional tax liabilities and reporting requirements under US tax law.

Print and complete the Ill health retirement application form. If you’re still paying into USS, return the form to the pension contact at your workplace. If you’ve stopped paying into USS, return it to the USS Ill Health Retirement Team, Third Floor, Royal Liver Building, L3 1PY.

Yes, you can cancel your EOO election. However, if you cancel within 12 months of making an election this will invalidate your EOO, you will need to be reinstated as a full member (including back payment of your contributions) with effect from the original election date.

You can find the value of your benefits at your date of leaving in My USS or on your leaver statement. You can also use the Benefit Calculator in My USS to estimate the value of your benefits when you retire.

Yes – you can still do this in My USS. But you can’t make any more additional contributions.

Capita have confirmed that they have taken extensive steps to recover and secure the data as well as monitoring the dark web. While at present we understand from Capita that the data exfiltrated has been secured, we are also taking steps to put our own monitoring in place.