This week is Pension Awareness Week, and Loughborough UCU is encouraging members to take a few minutes to check in with their pension arrangements.
For many of us, pension savings can feel like something to think about later. However, understanding what you’re building up now can make a real difference to your long-term financial planning. Because of the way pension benefits accumulate, good early planning can reap significant rewards later.
If you’re a member of USS, this is a good opportunity to:
- Understand how your pension works
- Check the value of your membership
- Review your Annual Benefit Statement
- Learn more about the options available for saving towards retirement
A pension is one of the most valuable benefits available to university staff, but it is easy to lose sight of its importance among the day-to-day demands of work. Taking a small amount of time now to review your benefits can help you make informed decisions about your future.
The USS website has a range of guides, tools and support resources available to help members better understand their pension and retirement options.
So, if you haven’t looked at your pension recently, why not use Pension Awareness Week as a reminder to give it some attention?
Find out more and access support through the USS website: