USS 2020 valuation

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On March 3 2021 the USS pension scheme published its latest valuation report, which sets out the increase in contributions needed to maintain benefits at current levels, and address the scheme's growing deficit. 

This briefing provides the background and context of the 2020 USS valuation and sets out the next steps before the valuation is concluded.

News

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Employers to have their say on future of pension scheme

7 April 2021
UUK has launched a formal consultation with employers in the Universities Superannuation Scheme (USS), seeking views on ways of creating a valuable, affordable, inclusive, and sustainable scheme for their staff for the long term.

Increased pension costs risk pricing university staff out of USS

3 March 2021
Employers and scheme members need a stronger and clearer justification from the USS Trustee for its very high pricing decisions

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