USS Pension Modeller

This calculator will provide a rough estimate of pension in the scheme, if you need to find out how much pension you have earned to date, you should contact your scheme provider.

The calculator gives a result in today’s earnings terms. Hover for more information. Another calculator may produce a different result. The calculator does not provide a formal statement of your pension entitlements – it is provided to give a rough estimate only and UCU cannot accept responsibility for the accuracy of results from this or indeed any other calculator.

To use this modeller, please enter your details in the boxes below. If you are unsure about an entry / result, hover over the box for more information.

Please note that members retiring before 1 April 2016 will be unaffected by the proposed changes.

Member Inputs

Date of Birth.
Salary as at 1 August 2014. pa
Percentage of full time equivalent (FTE). %
Please select your current scheme.
Scheme membership prior to 1 April 2014 years
Would you intend to pay the extra 1% DC Contributions from 2016?
Planned Retirement Age.

Career Progression

As your career progresses, you may receive promotions, significant pay increases (e.g. for Professors and people above point 51), or decide to change your working patterns. If you wish to model this, please select how many changes you wish to model , and complete the boxes that appear below.

A. Benefits if your current Scheme continued unchanged.

B. Benefits under the employers’ original consultation for a CRB Scheme with 1/80th accrual revalued with CPI (caps) with £40k salary cap.

C. Benefits under the employers’ formal proposed CRB Scheme. With 1/80th accrual revalued with CPI (caps) with £50k salary cap.

D. Benefits under a potential additional option for an agreed solution with CRB 1/75th's accrual revalued with CPI (caps) with £55K salary cap.

E. Counter proposal by UCU.

Member Outputs A B C D E
Benefits built up before 2016.
Pension. £0 £0 £0 £0 £0
Lump Sum. £0 £0 £0 £0 £0
Benefits built up after 2016.
Pension. £0 £0 £0 £0 £0
Lump Sum. £0 £0 £0 £0 £0
DC Fund. £0 £0 £0 £0 £0
Total benefits at chosen retirement age.
Pension. £0 £0 £0 £0 £0
Lump Sum. £0 £0 £0 £0 £0
DC Fund. £0 £0 £0 £0 £0
DC Fund converted to annual pension. £0 £0 £0 £0 £0
Total pension. £0 £0 £0 £0 £0


  • The above figures are for illustrative purposes only.
  • CPI is assumed to be 2% pa and RPI is assumed to be 2.8% pa.
  • Salaries assumed to increase each 1 August in line with RPI. Hover for more information.
  • It is assumed that the proposed scheme will commence as at 1 April 2016.
  • LRFs of 6% pa are assumed to apply to benefits after Normal Retirement Age (NRA).
  • In the proposed scheme design, employers will pay 12%, and employees 8% into a specified Defined Contribution fund for salary in excess of £50,000.
  • In-service revaluation is in line with the rise in official pensions, up to 5% pa. The rise in official pensions is assumed not to exceed 5% in any year (so inservice revaluation is in line with CPI).
  • The salary cap is assumed to increase in line with CPI each 1 August.
  • It is assumed that the Normal Retirement Age (NRA) will increase in the future, broadly in line with increases to the state pension age (“SPA”) for men and women. If and when state pension ages increase, the USS NPA will also increase. It has been assumed that the normal retirement age in the USS Final Salary scheme will rise to 66 in 2020, 67 in 2028 and 68 in 2046, and that different normal retirement ages will apply to each tranche of benefit being built up.
  • For service before 2011, the normal retirement age (“NRA”) in USS depends on the members’ contract of employment. It is assumed that all members have a contractual retirement age of 65, and that benefits built up before 30 September 2011 have a NRA of 63.5.
  • For late retirement, late retirement factors have only been applied to pension at NRA. Service accrued after NRA does not receive a late retirement factor.
  • DC pots are converted to pensions using commutation rates based on assumptions from a technical paper that is close to USS assumptions (see for more information).
  • Members are assumed to have no mid-career breaks in pensionable service.
  • For late retirement in the final salary section, we have used final salary as at the member's date of leaving, with service to this date uplifted by the relevant LRF.
  • For late retirement in the CRB section we have used CRB revaluation up to the member's year of retirement. We have then applied the appropriate retirement factor to each tranche of benefit with a different NRA respectively.
  • Final pensionable salary is assumed to be the member’s highest salary for any period of 12 months ending on the last day of a month during the last 3 years before retirement. The USS countback method is not used.
  • UCU had no mandate to propose a defined contribution element but for illustrative purposes is using the employers proposal for salary above £75K.
  • Please note that the option to pay the extra 1% DC Contributions from 2016 does not apply under UCU’s counter proposal.