USS Trustees approve changes to the scheme
1 April 2022
On 28 February 2022 the Trustees of USS approved changes to the pension scheme that came into effect on 1 April 2022.
On 28 February 2022 the Trustees of USS approved changes to the pension scheme that came into effect on 1 April 2022.
- The salary threshold for the Retirement Income Builder part of the scheme will reduce from £59,883.65 to £40,000.
- The accrual rate for the Retirement Income Builder will reduce from 1/75th to 1/85th.
UCU's negotiating team worked tirelessly to try to prevent these cuts from being made and will continue to defend your pension rights.
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