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Our valuation for 2020 will be based on a 'snapshot' of the Scheme on 31 March 2020. However, the process itself will run well into 2021. By law, we must complete it within 15 months - so by 30 June 2021. There are a number of milestones we need to reach on the way, set out in this timeline.

Yes, and the trustee responded to it through the 2014 valuation by establishing a 17-year plan to manage it.

Universities UK (UUK) is the body which represents employers participating in USS on the Joint Negotiating Committee.

An archive of information from the 2018 valuation.

Capita previously reported a cyber incident involving hackers targeting some of its computer servers. Capita have identified from their investigations that personal data of USS members was exfiltrated (i.e., accessed and/or copied) by the hackers. To help members monitor their personal information for certain signs of potential identity theft, they will be given access to a leading identity protection service, free of charge, and we are writing to them this week setting out how that will work.

We’re changing the way we track returns in the UK Equity Fund, so you’ll get a clearer view of how it’s performing against the benchmark.