We want to update USS members on the current situation. By now most of you will have received an email from HR on behalf of USS Pensions. This email explains their plans for increased contributions from April 2019 and their plans to consult you on these changes in September 2018.
UCU is the lead union negotiator for USS Pension and as a result UCU Senate House Branch have updated their members on their website. You may find it useful to check this out here. In particular their reference to the Pension Contribution Calculator which will allow you to check the impact of the proposed change on you. When thinking about the impact of your increased contributions bear in mind the current pay offer from the employers which currently is at 2% (below inflation).
Further information from USS is explained in a news item from HR which can be found here.
Please check these links if you want to find out more and if you have any questions please contact us at firstname.lastname@example.org and we will endeavour to answer them.