USS sees sharp rise in funding deficit due to Covid-19

Holly Roach
clock • 2 min read

The Universities Superannuation Scheme (USS) revealed it has seen a sharp rise in its funding deficit over the last year due to the impact of Covid-19.

The scheme's 2020 annual report & accounts, published today (29 July), revealed its funding deficit as at 31 March this year reached £12.9bn, compared to £5.4bn at the same time in 2019. The sch...

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