Employer consultation in relation to proposed changes to Universities Superannuation Scheme

Update 2 November 2018

The trustee announced in early May that it would follow the cost sharing process in order to complete the latest valuation of the scheme, and that this requires a statutory employer-led consultation.

The consultation commenced on 3 September 2018 and closed on 2 November 2018.

This is in parallel with, but entirely separate to, the work of the Joint Expert Panel (JEP), which has now delivered its assessment of the 2017 valuation for consideration by UUK and UCU.

We thank you for your continuing support in relation to the consultation process. If you have any queries please contact employerconsultation@uss.co.uk. Further information about the 2017 Valuation is available from the USS website.

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