Information and updates about the Universities Superannuation Scheme
UCU negotiates nationally on behalf of members of USS. However, we do not run any pensions schemes, we do not have any information on individual members’ pension entitlements, and we are unable to provide financial advice.
The USS pension scheme covers all University of Sheffield staff on grade 6 and above. Currently a hybrid scheme consisting of a secure, ‘defined benefit’ arrangement and a ‘defined contribution’ part over that threshold, the scheme must undergo a statutory valuation every three years.
On 7 November, UCU held an HE Special Sector Conference, with the morning focused on the pay equality dispute, and the afternoon on USS. If you aren’t sure how UCU democractic structures work, you may find it useful to read Rachel Cohen’s (City University) piece in USS briefs before reading on. Pay and Equalities There […]
This past Friday, an enormous bombshell dropped, when USS — finally — sent Sam Marsh the final set of data on the Workings of Test 1, which he began asking for over a year ago. With these numbers, Sam has been able to conclusively show that Test 1 is absolutely unfit for purpose and that […]
Published: 18:00, Monday 2 April 2018 With UCU members about to be balloted on a proposal from Universities UK aimed at ending the USS dispute, our branch Communications Officer, Sam Marsh, argues that the current wording offers no guarantees, and explains the thought processes that has led him to come to an easy decision. When […]