Cambridge University Reporter


Universities Superannuation Scheme (USS): Notice

USS is consulting employers about how to meet the rising costs of providing pensions, a problem common to nearly all pension schemes. One option for meeting the extra costs is to raise employers' contributions. The USS also wants to modernize the benefits provided by the scheme.

The turn around time for responses to the consultation is short and the University Finance Committee will be giving careful consideration to the range of possible measures being proposed by the USS so that a response can be made. Staff will be kept informed of any further developments.

Staff can find the full text of a press release from the USS about the consultation at http://www.admin.cam.ac.uk/offices/personnel/.