An update from USS


Stakeholders withdraw proposed changes to USS benefits

On Friday 27 April, the Joint Negotiating Committee (JNC) agreed to revoke the previous benefit proposals it recommended to the trustee in January.

No alternative benefit proposals were tabled by either party due to their commitment to the establishment of a separate Joint Expert Panel (JEP) to review the 2017 valuation.

The trustee board discussed the committee’s decision on Tuesday 1 May.

This update sets out the current status of the valuation, and what this means for you as a member.

Please click on the link below to view to read the update:

https://dmtrk.net/2PRX-PBPI-1420B9B44B/cr.aspx