The Universities Superannuation Scheme is a pension scheme in the United Kingdom with over £30bn under management. Its members include academic and academic-related staff (including senior administrative staff) in many United Kingdom universities, mainly those that were universities prior to 1992. (Staff in the post-1992 universities are mostly members of the Teachers Pension Scheme.) It is the second largest pension scheme in the UK by fund size. The headquarters of Universities Superannuation Scheme Limited (USS) is based in Liverpool.
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Famous quotes containing the words universities and/or scheme:
“In universities and intellectual circles, academics can guarantee themselves popularity—or, which is just as satisfying, unpopularity—by being opinionated rather than by being learned.”
—A.N. (Andrew Norman)
“We are all bound to the throne of the Supreme Being by a flexible chain which restrains without enslaving us. The most wonderful aspect of the universal scheme of things is the action of free beings under divine guidance.”
—Joseph De Maistre (1753–1821)