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Pensions

As a valued member of the Warwick community, you have access to one of three attractive pension schemes - Universities Superannuation Scheme (USS), University of Warwick Pension Scheme (UPS) or NHS Pension Scheme. Click on the logos below to find out more information about each scheme.

NHS PSUSSups_logo.jpg

News and updates

  • USS pensions update: March 2019
    USS members will be aware from previous updates that there has been a series of consultations relating to the USS scheme valuations. This new update provides further information on the latest position and how you can find out more.
  • USS pensions update: January 2019
    Read Warwick's feedback to Universities UK about proposed changes to Universities Superannuation Scheme (USS).
  • USS valuation: Universities UK (UUK) shares employer feedback on Joint Expert Panel (JEP) report
    In September, UUK invited Universities Superannuation Scheme (USS) employers to share their views on recommendations proposed in the JEP report, which considers the 2017 USS pension scheme valuation. 127 employers, including Warwick, responded to this independent consultation.
  • Warwick's feedback on the Joint Expert Panel (JEP) report (November 2018)
    The Joint Expert Panel (JEP)'s first report reviews the USS 2017 valuation and makes a number of observations and recommendations. The University has read and responded to the report.
  • Changes to USS communications (27 September 2018)
    Members of the Universities Superannuation Scheme (USS) can now access the scheme’s monthly newsletter via Warwick’s USS webpages.

  • USS Joint Expert panel report published (18 September 2018)
    The Joint Expert Panel (JEP) - formed by Universities UK (UUK) and the Universities and Colleges Union (UCU) in April to consider future options for the Universities Superannuation Scheme (USS) - has now delivered its report on the 2017 USS valuation. Find out more
  • USS consultation - have your say (3 September 2018)

    All current and eligible USS members should now have received paperwork from Warwick’s Pensions team. This paperwork explains the USS consultation, which asks members and eligible employees to have their say on proposed changes to the USS scheme before 2 November 2018. Please do take the time to read through this document and share your views directly with USS – if you have not received your paperwork, please contact the Pensions team.

  • USS update (25 July 2018)

    USS, one of the pension schemes that serves the University sector, has proposed potential changes to member and employer contributions from April 2019. Find out how this affects you.

  • Update (16 April 2018)

    USS has published some information on the 2017 valuation, addressing what they consider to be myths and misconceptions that have taken hold. Find out more.

  • USS valuation 2017
    Universities UK has recently asked for employer views on new proposals from Universities Superannuation Scheme (USS). Find out more.
  • UPS minimum pension contribution rates change - April 2018

     

    If you would like to speak with us, please contact us via hr dot pensions at warwick dot ac dot uk.

    Timescales for popular requests (weeks):

    Retirement Quotations: 4 - 6

    Cash Equivalent Transfer Values: 4 - 6

    Useful Links

    Salary sacrifice FAQs

    Universities UK

    Warwick's Retired Staff Association (RSA)

    The Pensions Regulator

    www.unbiased.co.uk

    UPS DC Frequently Asked Questions

    UPS DB Frequently Asked Questions

    USS Frequently Asked Questions

    Pension Presentations

    Pension Taxation