Colleagues are reminded that the USS pension is currently consulting all scheme members on the proposed changes to the scheme.

The proposals would avoid significant increases in contribution rates for members and employers, whilst maintaining the scheme’s Defined Benefit /Defined Contribution hybrid model to provide members’ retirement incomes.

The consultation is your opportunity to register your views on the proposed changes and remains open until Monday 17 January 2022. You can find it at www.ussconsultation2021.co.uk/members.

You will need your member number and National Insurance number to log in. However, if you’re new to USS, and do not have your member number yet, you will still be able to register on the website and leave your response.

The consultation website has more details on the background to the consultation, the proposed changes and a modeller to help you see how your pension would change if the proposals are implemented.

Further information is published at USS resources and more background to the 2020 scheme valuation is published at USS 2020 Valuation.