USS Retirement Income Builder
When you become a member of USS you automatically join the USS Retirement Income Builder. This provides you with an income when you retire based on how long you’ve been a member of USS and your salary, up to an annual threshold*, which is set each year.
*The salary threshold for 2017/18 is £55,550. This is revalued each year to take account of inflation (the rising cost of goods and services). Automatic contributions are based on your salary in excess of the threshold.
If you earn over the salary threshold, you and your employer, will also automatically pay contributions into the Investment Builder.
The USS Investment Builder
The USS Investment Builder is available for all members, regardless of your salary.
With the USS Investment Builder, you have a flexible way to enhance your retirement savings - with flexibility, comes choice.
If you earn over the salary threshold* (£55,550 for 2017/2018), have recently transferred into USS from another pension scheme, or have made additional contributions (including the match) you’ll already have savings in the USS Investment Builder, you can make additional contributions on top of these.
The USS Investment Builder is available in addition to the USS Retirement Income Builder. All contributions are invested and at retirement you can use the value to supplement your income from the USS Retirement Income Builder.
Further sources of information
Enquiries about the scheme or about an individual's entitlements should be sent to firstname.lastname@example.org
The registered office of the Trustee Company is:
Universities Superannuation Scheme Limited
Royal Liver Building