1 Introduction

All employments at the Central Academic Bodies and central Activities of the University of London (the "central University") with a duration of 12 or more weeks are required, by law, to be made superannuable (SAUL rules are 8 weeks).  Heads of Departments are requested to ensure that any bid for funding to appoint new staff includes pensions costs.

The central University offers the following occupational schemes, which are subject to Salary Sacrifice.  For further information on Salary Sacrifice please contact Human Resources (Pensions Office).

To top

2 The Universities Superannuation Scheme (USS) for employees on Academic and Administration, Manangement and Professional (AMP) terms and conditions of employment


  • Cost to member if you are currently paying into the Final Salary Section of USS (existing USS members prior to 1 October 2011) is currently 8% of gross salary and 18% to employer;
  • Immediate life cover – a lump sum of three times your salary together with a pension for your dependants should you die before retirement whilst in employment;
  • An inflation-proofed pension – regular income, plus a tax-free lump sum, when you retire based on your years and salary within the scheme whilst a member;
  • Long-term illness cover (after two years’ membership in aggregate) – an inflation-proofed pension for life, and a tax-free lump sum if you can’t go on working because of long-term illness;
  • Job move simplicity – moving from one USS member institution to another is straight forward;
  • Quality benefits – a scheme that’s equal to the best public sector pension arrangements and recognised as providing generous terms which overall are unlikely to be matched elsewhere;
  • Flexibility – you can, depending on circumstances, start receiving your pension before the scheme’s normal retirement age of 65;
  • Added Years/Additional Voluntary Contributions (AVCs) – you have the freedom to increase the value of your pension by making additional payments. Salary Sacrifice for University Pensions (SSUP)


  • Salary Sacrifice for USS University Pensions (SSUP)

Further information on USS can be found on their website or by contacting Human Resources (Pensions Office).

To top

3 The Superannuation Arrangements of the University of London (SAUL) for employees on Clerical, Technical and Support (CTS) and Manual Skilled Trade (MST) terms and conditions of employment


  • Cost to member is 6% of gross salary and 16% to employer;
  • A pension for life when you retire;
  • A tax-free lump sum;
  • A pension for your spouse when you die;
  • Allowances for your children when you die;
  • Full tax relief on all your contributions;
  • Your benefits protected and preserved should you change employer;
  • Increases made to your pension after you retire;
  • The opportunity to pay Additional Voluntary Contributions (AVCs) to improve your benefits.

Further information on SAUL can be found on their website or by contacting Human Resources (Pensions Office).


To top

4 Entry to the Relevant Occupational Scheme

Entry to either scheme is automatic i.e. on first day of joining unless:

  • You are aged 60 or over;
  • You have previously opted-out;
  • You are a retired member.

Should any of the above apply or you have any queries, please contact Human Resources (Pensions Office) for further information.

To top

5 Prudential

Employees on Academic and AMP terms and conditions of employment can make Money Purchase Additional Money Purchase Voluntary Contributions (MPAVCs) to either USS or the Prudential if they so wish.

To top