USS proposes increasing contributions by 41% as talks continue

James Phillips
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USS proposes increasing contributions by 41% as talks continue

The trustees of the Universities Superannuation Scheme (USS) have proposed raising total contributions by 41% by April 2020.

Both employers and employees will share the burden, with employees seeing the largest increases proportionally as part of a plan to plug a £900m estimated annual funding gap. The proposed figures come...

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