Conditional indexation

26 June 2025

Members may be aware that UCU, through our Superannuation Working Group (SWG), has been engaged with Universities Superannuation Scheme (USS) and Universities and Colleges Employers Association (UCEA) for some time investigating conditional indexation (CI). This page carries important updates regarding that investigation.

USS conditional indexation, January 2026 update

Please click here for the January 2026 update, specifically USS has published a second report on conditional indexation and the UCU SWG has organised two webinars (Wednesday 11 February 2026 and Wednesday 25 February 2026) to assist members in understanding and having input into this important issue.

Questions and answers from conditional indexation webinar

UCU has produced a written response (dated 27 October 2025) to questions that were raised during the conditional indexation webinar held on 4 August 2025.

Webinar on USS and conditional indexation, August 2025

On 4 August 2025, the SWG organised a webinar on its work with USS and UCEA on conditional indexation and how this could impact on scheme members in the USS pension scheme. A video recording of the webinar can be found here.

USS conditional indexation interim report, June 2025

In June 2025, USS published an Interim Report on its work on conditional indexation and you can find the Report on the USS website or download it here. You can also click here for information on the UCEA website and click here for some Q&As produced by UCU.


If you have further questions on Conditional Indexation, please contact UCU's pensions official (USS), Dooley Harte.

Last updated: 15 January 2026