Industry | Pension scheme |
---|---|
Predecessor | Federated Superannuation Scheme for Universities |
Founded | 1 April 1974Liverpool, United Kingdom | in
Headquarters | Liverpool , UK |
Products | University pensions |
Total assets |
|
Members | 460,000 (2021) |
Website | www |
The Universities Superannuation Scheme is a pension scheme in the United Kingdom with £89.6 billion under management as of August 2021[1] (up from £67 billion in 2019[2]). It has over 400,000 members, made up of active and retired academic and academic-related staff (including senior administrative staff) mostly from those universities established prior to 1992 (staff in the post-1992 universities are mostly members of the Teacher's Pension Scheme). In 2006, it was the second largest private pension scheme in the UK by fund size.[3] The headquarters of Universities Superannuation Scheme Limited (USS) are in Liverpool.[4]