Universities Superannuation Scheme

Universities Superannuation Scheme
IndustryPension scheme
PredecessorFederated Superannuation Scheme for Universities
Founded1 April 1974; 50 years ago (1974-04-01) in Liverpool, United Kingdom
Headquarters
Liverpool
,
UK
ProductsUniversity pensions
Total assets
  • Increase £89.6bn (2021)
  • £67bn (2019)
 (February 2022)
Members460,000 (2021)
Websitewww.uss.co.uk

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]

  1. ^ USS (31 August 2021). "USS Monitoring Dashboard 31-aug-2021" (PDF). USS.
  2. ^ USS (January 2020). "USS Report and Accounts (2019)" (PDF). USS. Retrieved 10 April 2021.
  3. ^ Universities Superannuation Scheme Limited. "History of the scheme". Archived from the original on 6 October 2006. Retrieved 9 February 2007.
  4. ^ "Contact USS". Universities Superannuation Scheme Ltd. Retrieved 9 April 2012.