USS benefits to be restored 'in full', says UUK and UCU

Joint statement confirms members’ benefits on course to be restored to pre-April 2022 levels

Martin Richmond
clock • 1 min read
Grady: University staff have taken another big step towards seeing their retirement benefits restored
Image:

Grady: University staff have taken another big step towards seeing their retirement benefits restored

Members of the Universities Superannuation Scheme (USS) are on course for their benefits to be restored ‘in full’, Universities UK (UUK) and the University College Union (UCU) say.

In a joint statement issued today (25 May), the UCU and UUK confirmed that, pending the outcome of the scheme's 2023 valuation, the benefits of USS members would be restored to pre-April 2022 level...

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

LCP launches podcast focusing on demographic forces shaping the future

LCP launches podcast focusing on demographic forces shaping the future

Series will discuss the sustainability of the UK pension and healthcare systems

Holly Roach
clock 29 July 2025 • 1 min read
News Digest: Nest debt repayment delay will cost savers hundreds of pounds in extra charges

News Digest: Nest debt repayment delay will cost savers hundreds of pounds in extra charges

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

Professional Pensions
clock 29 July 2025 • 1 min read
Buzz: What pensions policy would you like a Pensions Commission to look at?

Buzz: What pensions policy would you like a Pensions Commission to look at?

Pensions Commission, scheme priorities for the rest of 2025 and summer reading lists

Professional Pensions
clock 28 July 2025 • 1 min read
Trustpilot