USS members could see 29% rate rise without action

USS is set to impose higher contributions from April 2022 without benefit changes

Holly Roach
clock • 3 min read
The trustee recently confirmed that it would need to impose higher contributions from April 2022
Image:

The trustee recently confirmed that it would need to impose higher contributions from April 2022

Universities UK (UUK) has estimated Universities Superannuation Scheme (USS) members could see a 29% total increase in contributions by October next year if proposed changes are not accepted.

UUK has developed a contributions calculator which shows how much more USS members could be paying each month if employer-backed reforms are blocked, releasing the figures ahead of possible union s...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Bank of England holds rates at 3.75% as it waits for 'cloudy' data to clear

Bank of England holds rates at 3.75% as it waits for 'cloudy' data to clear

'Wait and see approach'

Michael Nelson
clock 05 February 2026 • 3 min read
News Digest: CSPS backlog reaches 120,000; Has USS's investment strategy worked?

News Digest: CSPS backlog reaches 120,000; Has USS's investment strategy worked?

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 05 February 2026 • 1 min read
Pensions UK looks for new chair to succeed Emma Douglas

Pensions UK looks for new chair to succeed Emma Douglas

Successful candidate will act as a figurehead and ambassador for the trade body

Jonathan Stapleton
clock 04 February 2026 • 2 min read
Trustpilot