USS Employers

We are the formal representative for employers in the Universities Superannuation Scheme (USS).

Social media policy:

[USS Employers @USSEmployers]

Media statement on today's joint statement between @UniversitiesUK and @UCU on the 2023 valuation 👇

https://t.co/bEMGAelEIx

[USS Employers @USSEmployers]

Comment on today's agreement between @UniversitiesUK and @UCU on the outcome of the 2023 valuation 👇

https://t.co/mf061Zvyj9

[USS Employers @USSEmployers]

Our response to today’s UCU ballot results #USS https://t.co/3HVxnZjOuN

[USS Employers @USSEmployers]

USS employers response to the latest monthly monitoring stats
https://t.co/9XbO0TZp36

[USS Employers @USSEmployers]

Our response to the publication by #USS of its Accelerated Year-end Review briefing on the funding position as of 31 March 2022 ➡️ https://t.co/cLcseIcnsx

[USS Employers @USSEmployers]

UUK has today started an initial consultation with employers on the approach to a governance review of USS to be carried out with independent expertise. UUK has written to the UCU inviting them to play an active role in the review. https://t.co/7ASWuSr3yi #USS

[USS Employers @USSEmployers]

Employers chose to lessen the impact of rising inflation on members by agreeing to defer the application of the 2.5% inflation cap up to and including the increase due in 2025.

More detail in our letter to UCU on the changes: https://t.co/fedorScVnv

4/4

[USS Employers @USSEmployers]

The employer proposal secured a viable and implementable solution to the 2020 valuation, which retains a significant element of defined benefit within the future pensions earned by members. We have not made misleading claims.

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[Phil Ashworth @RioParana]

Irrefutable analysis by Grant et al just published showing the devastaing impacts of the April 22 cuts to future @USSpensions. Shows the real cuts that will be imposed and how @UniversitiesUK have repeatedly made misleading claims @BrightonUCU
https://t.co/dZHremdbXJ

[USS Employers @USSEmployers]

We have consistently said that scheme members should use the USS modeller to check the possible impacts.

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[USS Employers @USSEmployers]

USS employers response to latest monthly monitoring of the #USS scheme (March 2022)

https://t.co/mH5HLGO6pe

[USS @USSpensions]

We've just published an update that addresses our interim, indicative monitoring of the scheme's funding position. You can read it here: https://t.co/KFRXeuGX3j

[USS Employers @USSEmployers]

#USS:

"Even allowing for the same level of covenant support as is supporting the revised benefit structure from 1 April 2022, the indicative contribution rate required for the pre-1 April 2022 benefits would be 38.9% – 41.5% (future service cost 38% and deficit of £3.6bn)."

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[USS Employers @USSEmployers]

Important update on the funding position of #USS @USSpensions, just published:

https://t.co/zbMIqmMlqn

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[USS Employers @USSEmployers]

❗️NEW: Letter from Alistair Jarvis to @DrJoGrady in response to @UCU claims about the latest funding position of #USS.

https://t.co/Xvip73aBab

[USS Employers @USSEmployers]

"We remain open-minded about the optimal timing for the next valuation and look forward to seeing the more in-depth analysis of the position at the end of March 2022, which should be ready in May."

5/5 #USS

[USS Employers @USSEmployers]

❗️UUK response to @UCU claims on funding position of #USS

https://t.co/r4AivTv3I7

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[USS Employers @USSEmployers]

"Should the conditions seen in the last month prevail at the next valuation, it may be possible to reduce contributions or increase benefits or some combination of both."

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