Younger USS staff to lose up to £200,000 in retirement

University and College Union cites ‘damning evidence’ published this week

Hope William-Smith
clock • 2 min read
 University of Cornell
Image:

University of Cornell

Global losses across current Universities Superannuation Scheme (USS) scheme members will be £16bn-£18bn with those under 40 to between £100,000 and £200,000 each in retirement, research shows.

Research published this week in a University of Cornell journal by University and College Union (UCU) USS negotiator Jackie Grant claims the impact of cuts to the scheme will see 196,000 university...

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 Defined Benefit

Partner Insight: Aon UK Risk Settlement Bulletin - Q1 2026

Partner Insight: Aon UK Risk Settlement Bulletin - Q1 2026

Latest edition of the Aon UK Risk Settlement Bulletin is now available.

Aon
clock 11 February 2026 • 1 min read
Aon reappointed to LGPS framework for actuarial, benefit and governance consultancy services

Aon reappointed to LGPS framework for actuarial, benefit and governance consultancy services

Firm reappointed to lots 1 to 5 of the framework for actuarial, benefits and governance services

Martin Richmond
clock 11 February 2026 • 1 min read
WTW predicts risk transfer market could hit £70bn in total volumes in 2026

WTW predicts risk transfer market could hit £70bn in total volumes in 2026

Consultancy’s report finds market is entering 2026 with ‘strong momentum’

Martin Richmond
clock 10 February 2026 • 3 min read
Trustpilot