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USS is fifty years young. Learn more about our history on our dedicated page.

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  • Get to know who’s looking after your money and helping you build your financial future.

  • Read how we implement our commitments to the UK Stewardship Code and summarise our responsible investment activities and outcomes across all of our asset classes.

  • We are the corporate trustee of the pension scheme. We run and manage USS in line with the Scheme Rules (which set out what benefits and contributions are payable, and how the scheme is to be administered) as well as all relevant law and regulations.

  • A valuation establishes whether, on a certain date, the scheme has enough money to pay the pensions promised to members. That date is the ‘valuation date’. For our 2020 valuation, the valuation date is 31 March 2020.

  • USS is the pension scheme itself. It’s set up under a trust and has rules that set out what benefits and contributions are payable, and how the scheme is to be administered. Universities Superannuation Scheme Limited – that’s us – is the corporate trustee that runs and manages USS under these rules.

  • The Schedule of Contributions shows the contributions that employers and members need to pay to fund the promised benefits.

  • Delivering Value for Money is a key objective for the scheme. We run the scheme in the interests of stakeholders and this is central to our strategy and spending decisions.

  • The trustee publishes a wide range of documents on its website relating to its investment strategies, principles, beliefs, policies, and activities.

  • An overview of USS, how we’re governed and our valuations

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