New research reveals massive loss to members
16 June 2022
New research has been published which outlines the impact of cuts to USS.
The research in an online journal hosted by Cornell University, shows that global loss across current USS scheme members is £16-18 billion, with those under the age of 40 losing between £100k-200k each in retirement.
It also shows that 196,000 staff will lose between 30 - 35% from their guaranteed future retirement income, showing again that Universities UK grossly underestimated the level of its cuts.
Read the full story: UCU responds to new research into impact of cuts to university pensions
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