Universities UK represents higher education employers in discussions over the future of the USS scheme, which is a valued part of the remuneration package in higher education.
The scheme faces a number of important challenges. Universities UK is working to make the scheme sustainable while offering the very best pensions that can be afforded.
On behalf of over 350 USS employers, UUK has been negotiating with UCU over changing the scheme since January 2017. On 12 March 2018, an agreement was reached at Acas between employers and union officials, which UUK is now consulting employers on. The reasons why the changes are necessary have been outlined in a blog by Universities UK Chief Executive Alistair Jarvis.
For any queries relating to the valuation – incuding how the deficit was calculated – please contact USS directly.
5 Facts: USS pensions
Modelling of UUK’s proposed USS benefit changes
Universities UK proposal to the Joint Negotiating Committee for future benefit reform
Proposal to reform USS pensions: statement for members
Universities UK’s work on USS is overseen by the Employers’ Pensions Forum. More information on the Employers’ Pensions Forum can be found on its