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USS pension update

06 Oct 2023

A joint statement on UUK and UCU collaboration

UUK and UCU have announced a joint statement on work regarding scheme stability, USS benefit improvements and reduced contribution rates.

UUK and UCU have been building on the work set out in joint statements issued on 17 February, 15 March and 25 May 2023 to jointly prioritise the improvement of benefits to pre-April 2022 levels, where this can be done in a demonstrably sustainable manner.

The statement, which provides an update on this work, has been agreed by both UUK and UCU subject to completion of their own consultation processes which are ongoing.

More information:

  • Scheme members are reminded that there is currently a consultation open with a dedicated consultation website and we would encourage you to visit this.
  • In addition, we will be hosting an open meeting on USS with further details announced in due course.