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The Joint Negotiating Committee (JNC) has a number of responsibilities. They're able to propose rule changes themselves, and they're in charge of approving any rule changes we or the Advisory Committee may suggest.

Simon Pilcher, Chief Executive of USSIM, talks about changes to our investment strategy, which includes withdrawing from tobacco manufacturing.

We held our annual Institutions’ Meeting on Thursday 10 December 2020. The ‘virtual’ meeting provided us with an opportunity to update our sponsoring employers on how we’ve performed, the work we are doing to improve the services we provide, and our perspective on how we can deliver on our mission: to work with Higher Education employers to build a secure financial future for our members and their families.

This first webinar, an Introduction to USS, is introduced by our Chief Pensions Officer, Helen McEwan, and brings together Chief Executive, Bill Galvin, and Trustee Board Director, Will Spinks, to talk about USS, how we manage the scheme, and how we’re funded by members and employers. They also discuss how we work to provide the benefits promised to members now and in the future.

In our second webinar, our Chief Pensions Officer Helen McEwan was joined by new Chair of the USS Trustee Board, Dame Kate Barker, Director of Engagement - Valuation 2020, Mel Duffield, and the Scheme Actuary for USS, and CEO of Lane Clark & Peacock LLP, Aaron Punwani. Our panel spoke about the context for the scheme's 2020 valuation, the role of the actuary in advising USS and how we protect your pension.

The people behind your pension talk you through how it works, what we do with your contributions and what you need to do to manage your pension.

Everyone in USS is deeply saddened to learn that Dave Guppy, a UCU appointee to the USS board, died suddenly on Tuesday 3 December. He served the scheme for two periods as trustee, and contributed hugely to the board and to USS. We extend our sincere condolences to his partner Aine and his family. Professor Sir David Eastwood, Dr Steve Wharton and Bill Galvin opened this year’s USS Institutions' Meeting by paying tribute to Dave Guppy.

You have different options open to you depending on your age. And even if you’re not able to start taking your benefits yet, there are things you can do to prepare yourself for your future.

USS is the pension scheme itself. It’s set up under a trust and has rules that set out what benefits and contributions are payable, and how the scheme is to be administered.