USS – timeline

September 2018:   

The first report from the Joint Expert Panel on the 2017 valuation was issued.

From September 2018:   

Employers consulted with employees about how to implement Rule 76.4 and what increases in contributions members will be required to make.

1 April 2019:   

USS concluded its 2017 valuation and implemented the first of the phased changes to contributions under Rule 76.4.

Later in 2019:  

USS to conclude the 2018 valuation. The Joint Expert Panel to consider the valuation process and long-term sustainability of the scheme in the second phase of its work.

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