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: Member experience - A key factor in insurer selection

Partner Insight: Member experience - A key factor in insurer selection

Jamil Merali, Associate Partner, Aon
clock 10 December 2025 • 4 min read
DB scheme funding levels see narrow dip in November, Broadstone finds

DB scheme funding levels see narrow dip in November, Broadstone finds

Consultancy says there was ‘minimal volatility’ in the run up to and after the Autumn Budget

Martin Richmond
clock 10 December 2025 • 1 min read
PPF surplus rises to £257.6bn following index update

PPF surplus rises to £257.6bn following index update

Latest data paints ‘picture of stability’ in the funding of DB schemes

Jonathan Stapleton
clock 09 December 2025 • 3 min read
Trustpilot