23 March 2015

USS pension - what could proposed changes mean for you?

Book now to attend one of the information sessions the University is running from Friday 27 March to explain proposed changes to the USS pension scheme.

The Trustee Board of the USS pension is consulting the scheme’s members about proposed changes to the scheme.  If you are a member, or are eligible to join the scheme, you should recently have received an information leaflet about the proposals and the consultation process.  You can also find more information on the USS Consultation website, which features:

•    a summary of the proposed changes
•    answers to some FAQs about the changes
•    an explanatory video
•    a benefit modeller
•    consultation documents, including a response form

To give you more information about the proposals, the University pensions team, together with a pensions expert from outside the University, will be running a number of information sessions across campus from late March to early May.

If you would like to find out more about the changes and how they could affect you, you can book a place at one of the sessions using this booking form.

Please note:
  • Before attending, please make sure that you have watched the video on the USS consultation website, so you have some knowledge of the basic information regarding proposed scheme changes.
  • The University will not be able to provide individual financial advice in these sessions.  If you need to take independent financial advice please consult http://www.unbiased.co.uk/
The Pensions team will also be available at the University Staff Benefits Fair on Thursday 26 March to answer queries about the USS scheme.

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