New pension laws require all employers to enrol workers into a workplace pension scheme if they are not already in one and to make contributions to the scheme.
From 1 April, the University will automatically enrol you into a workplace pension if you meet the criteria below and are not already contributing to one of the University’s pension schemes.
The University will automatically enrol you if you:
- Are at least 22 years old and
- are below state pension age and
- earn more than £787 p.m. (£9,440 p.a.) and
- work, or ordinarily work, in the UK (under your contract)
If you are a contracted member of staff at level 1a or above and you meet the criteria, you will enrol into either USS or PASNAS. If you are paid by fee claims or through our Temp Bank and meet the criteria you will enrol into the National Employment Savings Trust (NEST) pension scheme.
If you do not meet the criteria, you can choose to opt in or join the pension scheme relevant to your job. Details of how to do this will be sent to you nearer the time.
To find out more about Auto Enrolment and workplace pensions have a look at the poster or go to:
www.pensionsadvisorysevice.org.uk
www.gov.uk/auto-enrolled-into-workplace-pension
Or you can contact the University’s Pension Section:
Bldg 37, Rm 3083, Highfield Campus. Email: [email protected]