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  11. UUK USS support will do nothing to address the hole in their proposals

UUK USS support will do nothing to address the hole in their proposals

22 July 2021

UUK announcement on USS support does nothing to address the hole in UUK's proposals which will see scheme members suffer cuts to their pension benefits.

UCU responds to UUK announcement on USS support that they will agree to more support for the Universities Superannuation Scheme by saying that while this is welcome, it does nothing to address the hole in UUK's proposals which will see scheme members suffer cuts to their pension benefits.

UCU general secretary Jo Grady said that UUK still needs to work with us to push USS to carry out a new moderately prudent 2021 valuation and abandon its flawed 2020 valuation 'which has consistently led to unjustified and unnecessary demands to either slash benefits, increaser contributions, or both'.

Last updated: 18 November 2021