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  11. Restoring benefits would leave the scheme with a surplus

Restoring benefits would leave the scheme with a surplus

6 October 2022

New data released by the USS trustee has revealed that restoring benefit cuts forced through by Universities UK earlier this year would cost less than current contributions and still leave the scheme in surplus.

The monitoring data shows that restoring benefits would leave the scheme with a £0.6bn surplus and that to maintain the restoration, contributions would fall to 27.4%, lower than the current level of 31.4%: New USS data 'unequivocal' in proving case for reversing pension cuts

Last updated: 28 June 2023