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Universities Superannuation Scheme (USS) Pension Reform

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 proposed changes​ to the scheme. ​The reasons why the changes are necessary ​have been outlined in a blog by Universities UK Chief Executive Alistair Jarvis, and in UUK's proposal to the Joint Negotiating Committee. 

 

Latest information for employees and students  – 15 February 2018

 
 
 
 
Answers to five key questions scheme members are asking employers.
 ​ 
 
 
 
Information for students on the USS pension scheme, and upcoming industrial action.
 
 
 
 
Answers to the most frequently asked questions about the scheme, and possible changes.​​
 
Updated February 2018.

 

Further resources​ 

 

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 website.

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Suitability and sustainability: pensions in the higher education sector

Report
3 August 2017
A report to consider a long-term higher education sector position on pension provision, written for the Employers Pensions Forum in collaboration with the Universities and Colleges Employers Association.

Employers Pensions Forum report cover

Employers Pensions Forum: Self-Administered Trusts Strategy Project Report

Report
19 September 2013
A report into the current status of Self-Administered Trusts prepared on behalf of the Employers Pensions Forum.

Pension previons report cover

Pension provision in the higher education sector: initial report

3 June 2008
Written for members of UCEA, Universities UK and GuildHE in the light of increasing concerns about the rising cost of pension provision.

Report cover

Strategic enquiry into the pension arrangements for the higher education sector

17 October 2007
The first published output of the strategic enquiry into the pensions arrangements of the higher education sector.

News

Proposal agreed to reform USS Pensions

23 January 2018
The Joint Negotiating Committee (JNC) has agreed a proposal to put the USS pension scheme on a secure and sustainable footing while offering the best pensions that can be afforded by both employers and employees.

Results of UCU ballot on possible strike action

22 January 2018
​Universities UK's response to results of UCU ballot on possible strike action

 Blog

Pensions – the importance of getting it right

3 October 2017
UUK's Chief Executive, Alistair Jarvis, sets out his analysis of the way in which the Universities Superannuation Scheme needs to react to recent concerns.

Addressing the university pension fund deficit

2 August 2017
Following the news coverage on the USS pensions fund deficit, Professor Koen Lamberts discusses the challenges facing the scheme.

The team

Mary Lambe

Mary Lambe

Senior Policy Lead - Pensions
Universities UK

Rosalind Lowe

Rosalind Lowe

Former Policy Researcher
Universities UK