Working at Newcastle

Pensions

As a colleague at Newcastle University, you are entitled to join one of the University's pension plans.

The two pension plans currently offered to regular colleagues are the Retirement Benefits Plan (RBP) and the Universities Superannuation Scheme (USS).

Additionally, the University also practices Pension auto enrolment, a government stipulation to enrol those colleagues qualifying via an earnings threshold into a state scheme automatically.

Retirements Benefits Plan (RBP)

The Retirement Benefit Plan (1971) - the RBP - is the final salary pension scheme offered by the University to colleagues employed on Grades A to E and equivalent.

Membership of this plan is not automatic, with colleagues receiving information about the plan at the time of their appointment, including a form to indicate whether they wish to join.

This Decision Form is accessible here RBP decision and wish form, but should only be completed after reviewing this Pension Benefits for New Colleagues Guidance Document

Transfers In

The Plan no longer accepts transfers of pension’s benefits under a previous employer's or private pension plan.

University Superannuation Scheme

Colleagues on Grades F to I and equivalent will be enrolled into the University Superannuation Scheme (USS) in accordance with their conditions of service.

The USS is the national superannuation scheme for members of academic and equivalent colleagues and is also the auto-enrolment pension scheme for colleagues on grades F and above, including clinical academic colleagues.

Colleagues who are already in receipt of a USS pension are excluded from re-joining.

A summary of the USS Scheme can be found here USS Summary document

University Pension Contacts

Contact pensions-enquiries@ncl.ac.uk for queries concerning scheme membership and general administration.

NHS Pension Scheme (NHSPS)

Newcastle University supports enrolment within the NHS Pension Scheme for certain clinical academics who have exercised their option to remain in this scheme on appointment to the University.

For further information about the NHSPS, please visit https://www.nhsbsa.nhs.uk/nhs-pensions

National Employment Savings Trust (NEST)

Colleagues who are not eligible, or choose not to, join the Retirement Benefit Plan will be assessed under Pensions Auto-enrolment regulations and entered into the National Employment Savings Trust (NEST).

Any colleagues not meeting the auto-enrolment criteria on the assessment date may opt in to the NEST.

Please note this does not apply to staff on Grades F to I and equivalent, who will be enrolled into the University Superannuation Scheme (USS) in accordance with their conditions of service.

For further information about the NEST, please visit https://www.nestpensions.org.uk/schemeweb/nest.html

Pensions+

Introduced in July 2008, Pensions+ is the name of the salary sacrifice arrangement offered to University colleagues who are members of either the Retirement Benefits Plan or Universities Superannuation Scheme.

For further information on Pensions +, please see the Pensions+ guide