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We have been engaging closely with Capita since it first announced the cyber incident. Capita first formally informed USS of a personal data breach on Thursday 11 May 2023.

If you’re considering leaving USS, it’s worth having a think about the benefits you’ll be missing out on that are exclusive to members who are building their pension with us.

You can begin taking savings from your Investment Builder (defined contribution) pot anytime from age 55 (rising to 57 in 2028 for certain members) in a number of different ways, depending on your future plans. One option is to take cash payments, otherwise known as UFPLS.

Our main objective is to help provide you with a secure financial future. In order for us to do this, we have a legal requirement to have a Statement of Investment Principles (SIP). We also have a supplementary Statement of Investment Principles specifically for the Default Lifestyle Option in the Investment Builder.

USS will ensure your loved ones are looked after if the worst were to happen.

Having to stop working completely because of an illness or an injury isn’t a nice thought. Unfortunately, it could happen – and we may be able to help.

We manage the scheme in line with the law and scheme rules, and we strive to run it fairly and efficiently for our members. But there may be times when you have a comment or complaint about an aspect of how we operate.

The government’s changes may affect your pensions tax liabilities, so there are some things you need to know about.