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Trustee confirms lost pension benefits can be returned

27 October 2022

The majority of pension benefits lost under the recent cuts could be retroactively paid back, returning around £0.5bn to the retirement funds of the 200,000 university staff in the pension scheme: Lost USS pension benefits can be returned and backdated, trustee data confirms

UCU general secretary Jo Grady told members 'all the arguments against revoking the cuts and restoring benefits have gone up in smoke.'

Last updated: 28 June 2023