USS has provided information on their USS Investment Builder, an optional defined contribution section you can join in addition to the career revalued benefits section, the Retirement Income Builder. For the 2019/20 contribution year if you earn over £58,589.70 per year, you'll join this automatically.
Current USS members can pay additional contributions or change selections via My USS at any time. Register for My USS here.
New joiners to USS will need to make an election for additional contributions and the match through My USS. Elect for additional contributions on My USS.
The Pensions Office will notify USS of new joiners a week after the salary payment. You may register for My USS after this and make your election.
At the start of each calendar month, the Pensions Office will be notified by USS of any changes to elections and additional contributions made in the previous month. These contributions will deducted in the current month’s salary payment.
Employees, new to the University and transferring between employers, who made additional contributions will need to make new elections on joining the University. As with other new joiners elections for additional contributions and the match should be made through My USS. Log in to My USS here.
This can be done a week after your first salary payment, after the Pensions Office has notified USS about joiners. The same time scales for other new joiners and amendments apply. Your My USS log on email address and password will be unchanged.