Pensions
Please note that enquiries about pensions should be directed to the Payroll, Pensions & Expenses Team and not to the Reward Team.
Pensions+
The University supports two excellent defined benefit pensions schemes, and makes both available by a salary sacrifice arrangement which offers savings on national insurance contributions.
USS
The Universities Superannuation Scheme (USS) is the national superannuation scheme for members of academic and equivalent staff. Staff appointed to grades F to I in the common pay structure will be offered membership of USS.
Retirement Benefits Plan
The Retirement Benefits Plan (RBP) is the pensions scheme offered to members of staff appointed to grades A to E on the common pay structure. The University is the principal employer for this scheme. The Union Society is an associated employer.
Pensions Auto Enrolment
Pensions auto-enrolment will effect this University from March 2013 – further information (PDF, 290kB)
Report from Independent Public Service Pensions Commission
The Commission, chaired by Lord Hutton, has produced its final report, available from the Treasury website
The 27 specific recommendations