Image:
UCU general secretary Jo Grady
A deal has been struck meaning full restoration of Universities Superannuation Scheme (USS) benefits to pre-April 2022 levels will take place by 1 April 2024, the University and College Union (UCU) confirmed today (5 October).
UCU said Universities UK (UUK) has agreed to reverse the 35% cut made to the USS pension and restore what has been lost. In a joint statement, UCU and UUK said full benefit restoration by 1 Apri...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
