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Updated USS disclosure notes

11 September 2019      Matt Sisson, Projects and Membership Manager

USS has published updated disclosure notes for use by HEIs in their financial statements. The notes (Annex A) and accompanying letter reflect the latest available information on the funding position of the scheme as a whole, and is based on the last formal completed actuarial valuation of the scheme as at 31 March 2017. The actuary’s report on the 2017 valuation is published in full on the USS website. In addition, a copy of the letter, and the annex, can be found with all I-Letters on the employer resource hub on the USS employer portal.



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