The Retirement Benefit Plan (1971) - the RBP - is the final salary pension scheme offered by the University to staff employed on Grades A to E and equivalent.
The election process for Member Nominated Trustees has now been completed. The following candidates have been elected and will take up their positions on 1 July 2017 for a period of 5 years.
More detailed information on the role and responsibilities of an MNT can be found in the special MNT Bulletin (PDF, 91KB).
Membership is not automatic - members of staff receive information about the Plan at the time of their appointment, including a form to indicate whether they wish to join. An application form is issued to those wishing to join.
Decision Form (PDF, 80KB)
Pension benefits for new employees (PDF, 92KB)
Expression of Wish Form 2011 (Word, 17KB)
The management of the plan is the responsibility of a corporate trustee company, Newcastle University Pension Trustee (1971) Limited. There are nine Trustee Directors of the trustee company. While all nine Trustee Directors are appointed by the University, three are nominated by the members of the Plan, both active (current members) and retired (pensioner members) by means of a ballot.
A further three Trustee Directors are senior members of University staff, and three Trustee Directors are neither members of the Plan nor officers or members of University staff.
The current Trustee Directors are:
Newcastle University Pension Trustee (1971) Limited is a company registered in the UK. The registration number is: 4350286. The registered office is: c/o Human Resources Section, Newcastle University, King's Gate, Newcastle upon Tyne, NE1 7RU.
The main contacts for queries concerning scheme membership, transfers and general administration are:
Pension benefits for new employees booklet available from the Joining section above.
RBP Report and Accounts 2015 (PDF, 10.4MB)
Boosting your plan benefits - a guide to AVCs (PDF, 379KB)
AVC Applications (PDF, 18.7KB)
Members Guide 2011 (PDF, 417KB)
Pension Matters 2012 (PDF, 380KB)
Pension Matters 2013 (PDF, 1.56MB)
Pension Matters 2014 (PDF, 374KB)
Pension Matters 2015 (PDF, 316KB)
Pension Matters 2016 (PDF, 356KB)
Financial Health Check 2014 (PDF, 49KB)
Financial Health Check 2015 (PDF, 43KB)
Consolidated Trust Deed and Rules (PDF, 1.9MB)
Deed of Amendment and Confirmation of Participation (PDF, 1.6MB)
Elma Alexander is the Secretary to the RBP and the contact point for the Trustee Directors.
The Trustee Directors have appointed the following advisors in accordance with the Pensions Act 1995: