USS Pension Updates
USS has announced it's preparing to finalise the cost-sharing arrangements and will carry out a new valuation of the scheme’s funding position as at 31 March 2018.
All the consultation responses received from Leeds colleagues will join those from other USS member institutions and be submitted to the USS trustee board later in November for consideration.
You may have seen information which suggests there was an error in the way USS applied its ‘valuation test 1’.
Watch the information session from 20 September 2018, given by independent pension experts Mercer to university colleagues on the USS pension scheme.
The Joint Expert Panel (JEP) has published its report about the 2017 USS pension valuation.