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
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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, ...

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