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PensionChoice

25 Mar 2014

1 April is the renewal date for PensionChoice, when UMSS and USS members can either join PensionChoice if they have previously opted out or withdraw and go back to paying contributions.

PensionChoice renewal

PensionChoice was introduced in June 2009 as a different way of funding benefits in USS and UMSS. Over 95% of eligible members currently participate in PensionChoice.

If you are one of these people and you wish to continue participating in PensionChoice - no action is needed.

Renewal date

1 April is the renewal date for PensionChoice – this provides all members of UMSS and USS with the following options:

  • to join PensionChoice if you have previously opted out
    or
  • to withdraw from PensionChoice and go back to paying contributions.

If you wish to join PensionChoice with effect from 1 April 2014, please complete an Opt in Form; if you wish to opt out of PensionChoice please complete an Opt out Form.

Opt in and Opt out Forms for both UMSS and USS are available on StaffNet at:

All forms should be sent to the Pensions Office in John Owens Building and received by 4 April 2014. Any forms received after these dates cannot be processed and the next opportunity for change will be April 2015.

Opting out during the year

You can choose to opt out of PensionChoice at any time if you experience a lifestyle event as described in the booklet and FAQs available online at:

New employees

If you have joined the University since the start of 2014, you will be automatically placed in PensionChoice after three months' service, so you need only take any action if you do not wish to participate in PensionChoice.

Any questions?

You can contact us at: