Universities UK has published a Q&A document to explain why a majority of scheme employers back Option 3 as the 'least-worst' option for concluding the 2018 valuation.
Following a consultation on the three options for concluding the 2018 valuation presented by the USS Trustee, a majority of employers (representing 85% of the scheme's active membership) expressed an indicative preference to further explore Option 3 as a potential solution.
This Q&A document explains why, and also addresses other key questions related to the conclusion of the 2018 valuation.
