Welcome to the Imperial College Pensions Office
The Pensions Team provide information, guidance and support to members and prospective members of the College. Pension Schemes - USS, SAUL and the NHS.
One of the many benefits of joining the staff of Imperial College is access to membership of an Occupational Pension Scheme. Membership of a pension scheme is not compulsory but new members of staff are deemed to be in membership providing they have been issued with a contract of employment or are workers who meet the Auto-Enrolment criteria. Contributions are automatically deducted from pay. Contractual staff who are members of USS and SAUL participate in the schemes under the PensionSMART contribution method which reduces the amount of National Insurance contributions that they pay each month, resulting in higher take home pay.
There are three Staff Pension Schemes currently available to the staff of Imperial College London. Information on each of the three schemes can be found below.
Please note that the information is in the process of being updated in line with the recent and forthcoming changes. Please refer to the sections below to find up to date information on the changes.
USS is a national scheme open to all staff on academic or related levels which covers all the pre-1992 Universities and a number of other educational and research bodies.
- USS website
- Register for My USS (New!)
- USS Prudential Facility
- USS Annual Report and Accounts
- USS main consultation paper [pdf]
- USS summary of assumptions for response to employer consultation [pdf]
- UUK response to consultation [pdf]
- Imperial College London's response to the UUK on the USS consultation on the proposed assumptions for the scheme's technical provisions and recovery plan
- Mercer presentation slides on pension schemes
- USS member presentation slides
- NEW USS Income Builder & USS Investment Builder
Pensions Auto Enrolment and Opting Out
Auto-enrolment is intended to get more people saving into a pension scheme to provide for their retirement. New duties have been placed on the College by the government which require us to automatically enrol all eligible employees and casual workers into a workplace pension scheme if they are not already in one.
Employees currently contributing to the pension scheme wishing to opt out/withdraw should return the relevant form to the College Pensions Office.
New employees should return their opt out form to their HR representative along with all other new starter paperwork.
The Pension Input Period for all College Pension schemes is 1 April to 31 March
One to One Consultations
If you need to discuss your pension in detail please contact the Pensions Office at firstname.lastname@example.org and a member of the Pensions Team will contact you to arrange a meeting.
All enquiries will be treated confidentially.