USS consults on 2023 valuation assumptions

A future service contribution rate of 16.2% of current benefits is being proposed

Jasmine Urquhart
clock • 4 min read
USSL trustee board chair Dame Kate Barker: improved funding position should help future stability of scheme
Image:

USSL trustee board chair Dame Kate Barker: improved funding position should help future stability of scheme

The Universities Superannuation Scheme (USS) is consulting on funding assumptions and methodology for its 2023 actuarial valuation and on its statement of funding principles.

The consultation with Universities UK (UUK) and, in turn, its 331 participating employers, proposes to use "broadly the same methodology as that used for the 2020 valuation" in its 2023 valuation, ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Professional Pensions' DB Funding Index

Professional Pensions' DB Funding Index

How the funding of defined benefit pension schemes is changing

Jonathan Stapleton
clock 04 April 2025 • 1 min read
Tender Watch: Holcim appoints XPS Group and LPPA partners with Hackney Pension Fund

Tender Watch: Holcim appoints XPS Group and LPPA partners with Hackney Pension Fund

Holcim schemes appoint XPS for FM mandate and LPPA partners with Hackney Pension Fund

Professional Pensions
clock 03 April 2025 • 1 min read
Caravan and Motorhome Club scheme transitions to Standard Life plan

Caravan and Motorhome Club scheme transitions to Standard Life plan

Contract sees scheme join firm’s Group Flexible Retirement Plan

Jasmine Urquhart
clock 02 April 2025 • 1 min read
Trustpilot