We urge you to complete the USS Pensions Survey

You (USS members) should have received a survey link via email from USS. We encourage you to complete this survey to get UCU member voices heard. The survey will take around 10 minutes to complete but we feel this time will be worthwhile for the following reasons:

• You will be asked for your views on sustainable investment. Pension funds can only legally decide to opt for a sustainable investment strategy (divestment from fossil fuels etc) if they have evidence that their members want that to happen. USS have never done an explicit survey on this, so surveys like this one are the best opportunity people have to express that view.

• You will be asked to comment on your “overall relationship” with USS. This question’s results will be reported in the USS annual report, which will expose the feelings of its members to a wide audience.  

Further action you can take towards ethical investment

Most USS members now have a Defined Contribution (DC) pot (the bit USS calls the “investment builder”) because of the 2020-2022 cut to the Defined Benefit (DB) cap. Individuals can choose to have this pot invested normally or invested ethically by logging to the USS portal. Most people don’t know this and therefore leave it with the default (not ethical) option. USS takes this as evidence that members aren’t so bothered about climate change and therefore as a reason not to change investment strategy for the (massively larger) DB section of their investments. So, if you wish to influence USS ethical investment you can opt in to the “ethical lifestyle” investment option.

LUCU Committee