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:
“We hear a great deal of lamentation these days about writers having all taken themselves to the colleges and universities where they live decorously instead of going out and getting firsthand information about life. The fact is that anybody who has survived his childhood has enough information about life to last him the rest of his days.”
—Flannery O’Connor (1925–1964)
“We hold these truths to be self-evident:
That ostracism, both political and moral, has
Its place in the twentieth-century scheme of things....”
—John Ashbery (b. 1927)