Universities Superannuation Scheme (USS): your future - increasing your USS benefits at retirement

To help USS members understand more about the options that the USS pension scheme offers for retirement, we are facilitating a series of pension presentations.

These 60 minute sessions are arranged as in the table below; and will set out:

• The standard USS benefits and income you could receive at retirement.
• The income you think you may need when you stop working.
• The USS AVC options; Added Years & Money Purchase, and the differences between them.
• If you are facing a potential retirement income gap in retirement, some of the options available and what you can do to fill it.

The presenters will be Fenella Needham, UCL Pensions Manager, and Paul Monger, Retirement Education Consultant, Prudential, (the Administrators of the USS Money Purchase AVC option).

How long could you have left to when you wish to retire?	Dates	Times	Location
Less than five years	Wed 11 July 2012	11.30 am	Roberts - 508 LT
Less than five years	Mon 16 July 2012	09.30 am	Galton 115 LT 1-19 Torrington Place
Less than five years	Wed 18 July 2012	02.00 pm	Roberts G08 LT

More than five years	Wed 11 July 2012	09.30 am	Roberts - 508 LT
More than five years	Wed 11 July 2012	02.30 pm	Roberts - 508 LT
More than five years	Mon 16 July 2012	11.30 am	Galton 115 LT 1-19 Torrington Place
More than five years	Mon 16 July 2012	02.30 pm	Galton 115 LT 1-19 Torrington Place
More than five years	Wed 18 July 2012	04.00 pm	Roberts G08 LT

If you wish to attend a session that best reflects your circumstances, i.e. proximity to retirement, book your place at a one of these sessions by registering here.

You will receive an email confirmation of your place.

Please note:

More information about USS AVCs is available on the USS website and at the USS Prudential Money Purchase AVC website including what you can expect at the session.

All AVCs increase your retirement savings. If these "pension savings" exceed the Annual Allowance (AA) limit of £50,000 in any one year, a tax charge could be imposed. Further information about the limits applicable to tax relief and tax-free benefits is available in the USS Factsheet "Limits to tax relief and tax-free benefits".

Staff at UCL Pension Service & USS can provide information about USS and the options available to members so that you can make an informed decision, but they cannot give you financial advice. If you need financial advice, it is recommended you contact an Independent Financial Adviser.

Fenella Needham, UCL Pensions Manager, Human Resources