USS pension changes

USS pension changes

Introduction

The USS Trustee Board has now finalised its 2020 scheme valuation report, which includes some challenging proposals for potential changes to employee and employer salary contributions. 

This is in response to concerns around the future affordability of the scheme, and starts the process of seeking agreement with the Joint Negotiating Committee (JNC) comprising Universities UK (for employers) and the University & College Union (for individual scheme members) on a way forward.

On these pages you will find information about what this would mean for staff at Kent, our position in the national negotiation, and more information on how the process of agreeing the valuation works.

Universities UK have also put together the following Q+A on the background to the valuation.