Academics call on USS trustees to explain deficit maths

James Phillips
clock • 2 min read

Over 50 academics in the Universities Superannuation Scheme (USS) have urged the fund's trustees to explain calculations used to calculate its deficit.

In July, the 390,000-member scheme reported a surge in its deficit in its 2017 valuation, resulting in a shortfall of £12.6bn on the actuarial measure, 138% larger than at its 2014 valuation. Th...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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