Scheme’s DB section reported £15.9bn loss in 2023 due to negative investment return
A future service contribution rate of 16.2% of current benefits is being proposed
Report outlines responsible investment and corporate governance approach
Bill Galvin will step down in 2023, after a decade in the role
60-day consultation set to begin as USS trustee chair says price of certainty more expensive
Universities Superannuation Scheme (USS) has reported a technical provisions deficit of between £14.9bn and £17.9bn as of 31 March 2020, and delayed its valuation as it considers how to proceed.
Universities Superannuation Scheme (USS) has appointed Dame Kate Barker as its trustee chair-elect after Sir David Eastwood announced his retirement.