USS to cut contribution rates on 1 January 2024

Employee contribution rates to drop to 6.1% from 9.8% amid ongoing pensions dispute

Holly Roach
clock • 2 min read
UCU general secretary Jo Grady
Image:

UCU general secretary Jo Grady

The Universities Superannuation Scheme (USS) has confirmed it will cut contribution rates on 1 January.

 Starting next year, employee contributions will fall to 6.1% from 9.8%, after the University and College Union (UCU) and employer representatives voted through the changes earlier this week at the...

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 Industry

News Digest: Lost pension pot 'crisis' as millions miss out on savings gains

News Digest: Lost pension pot 'crisis' as millions miss out on savings gains

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 30 December 2024 • 1 min read
Government wrong to delay phase two of pensions review, industry warns

Government wrong to delay phase two of pensions review, industry warns

PP poll finds majority of respondents against any delay

Holly Roach
clock 24 December 2024 • 2 min read
Merry Christmas from Professional Pensions

Merry Christmas from Professional Pensions

And a very Happy New Year with all best wishes for 2025!

Professional Pensions
clock 24 December 2024 • 1 min read
Trustpilot