On 22 November the USS Trustee confirmed plans to carry out a new valuation of USS as at 31 March 2018.
Running a new valuation will allow the USS Trustee to properly consider the JEP's recommendations, in order to take them into account. It will also allow discussions with employers on risk appetite to be reopened, and the latest data and market experience to be properly incorporated into any revised USS funding approach.
For further information, download the Q&A document below.
