The Universities Superannuation Scheme will cut contribution rates on Monday 1 January.

The changes were voted through at the latest USS Joint Negotiating Committee and will see employee contributions fall to 6.1%, down from 9.8%. For a member earning £45,000 this will mean a monthly saving of £111 after tax.

This is the latest victory in a pension dispute that has seen UCU members take 69 days of strike action since 2018.

https://www.ucu.org.uk/article/13400/USS-pension-contribution-rates-to-fall-on-1st-January?utm_source=Mastodon&utm_medium=Social&campaign=ucuRISING

#UCU #USSPensions #ucuRISING