Welcome to the Pensions Section
Recent coverage of USS in the media
Following the Newsnight programme on 24 October 2013 there has been coverage in the media regarding the funding position of USS and there have been some suggestions that tuition fees will need to be increased to fund the shortfall in USS. Universities UK, which represents the employers who participate in US S has made it clear that none of the options being considered to make good the funding shortfall in USS include increasing tuition fees. USS have issued an update for members about this issue.
Our team administers in house pension schemes for University Assistant Staff and for non-academic staff at selected Cambridge Colleges. We also oversee the University's participation in the Universities Superannuation Scheme, the National Health Service Pension Scheme and the Federated Superannuation System for Universities.
We manage the University's hardship loan scheme for students (Loan Fund I).
Our advisers offer information to employees relating to the BUPA group scheme, which currently offers a 56% discount on standard contribution rates to University staff.