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Consultation on USS benefit changes...

22 August 2014      Matt Sisson, Projects and Membership Manager

UUK has recently launched a consultation on the proposed Employers Pensions Forum (EPF) reforms to USS benefits – specifically the introduction of career-revalued benefits for all scheme members. The consultation is open for responses by HEIs, and runs until 15 September. The supporting consultation document, as well as details of the USS integrated approach to scheme funding, can be downloaded from the BUFDG website.   

Following further discussions with UCU and a decision by the USS Joint Negotiating Committee in November, proposals for benefit reform will be the subject of a consultation by employers with affected employees early in 2015. In the meantime, the EPF has prepared an FAQ and a briefing for employers to use in communication with their own staff.



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