Voluntary Severance and Voluntary Early Retirement Scheme 2015
Senate, the University's Governing Body, approved the implementation of a Voluntary Severance and Voluntary Early Retirement Scheme at its meeting on 14 April 2015. The University Executive Board agreed to extend the terms of the Scheme until Friday, 9 October 2015. The extension is only available to eligible staff who did not previously apply. Full details of the Scheme are available here.
Employees of the University are provided with access to a generous occupational pension.
As an employee, the pension scheme to which you are eligible depends on your grade:
- Membership of the Retirement Benefits Plan (known as RBP) will be available to employees graded 1 to 5.
- Membership of the Universities Superannuation Scheme (known as USS) will be available to employees graded 6 / Ac1 and above.
- Membership of the National Health Service / Health & Social Care scheme (known as HSC) will be available to those who are employed in a clinical role and who were already an active member of the NHS/HSC scheme immediately before their employment with the University. For more information on the HSC scheme please click here
Your contract will confirm which pension you are eligible to join. New employees are contractually enrolled into the relevant pension scheme.