UPS Defined Contribution Section

Eligibility

If you are a University of Warwick employee in Grades 1-4 or employed by the Science Park in a Grade 1-9 role, you are eligible to join this scheme.

Booklets

For information about The University of Warwick Pension Scheme Heritage Defined Contribution Section please refer to the UPS Heritage Booklet.

Website

Please visit this site https://www.scottishwidows.co.uk/save/universityofwarwick2016/ to obtain further information about the Scheme.

You will find some useful modellers and a guide about investment fund choices on the site.

Frequently Asked Questions

If you have a question about the Scheme please review the FAQ's we have compiled.

Member Updates

Click below for information about Scheme developments each year.

2023 Member Report
2022 Member Report
2021 Member Report
2019 Member Report
2017

Contribution Rate Change 2018 and 2019

For information about the change in Contribution Rate click here

Expression of Wish Form

To update your Expression of Wish Form please download and complete this Form.

UPS Heritage Opt Out Form

If you were auto enrolled into the UPS Heritage DC Section, you will need to obtain an opt-out form from the scheme administrators, Scottish Widows, by phoning 0800 1698954 and quoting reference N10615 . The completed form should then be returned to the Pensions Administration team in University House.

If you were Contractually Enrolled into UPS Heritage DC Section, you will need to complete an opt-out form located on the Scottish Widows site hereLink opens in a new window and return this to the Pensions Administration team in University House.

Retirement Process

If you are in the process of retiring from the University of Warwick Pension Scheme - DC Section and wish to find out the different options applicable to you, then the following modeller may assist you.

Scottish Widows Pension Options Modeller

If you are considering an Uncrystallised Funds Pension Lump Sum (UFPLS) or Small Lump Sum option, please find below details of the process and appropriate timescales.

Current Employee

Former Employee

When accessing some of our forms you may be redirected to Office 365. If this is the case please enter your University email address in the following format example@live.warwick.ac.uk and hit enter (you do not need to put in your password at this stage.

To download a document, click on the ellipses in the top right and then Download.