To help people save more for their retirement, the Government requires employers to regularly re-enrol all eligible staff and workers who have previously opted out of the relevant workplace pension scheme.
As of 1 June 2016, the University will assess whether staff and workers who opted out or ceased membership with the qualifying pension scheme between 1 April 2013 and 31 May 2015 meet the Government’s criteria for automatic re-enrolment. All those who meet the criteria will be re-enrolled into the relevant pension scheme with effect from 1 June 2016. The University will write to all those affected to confirm re-enrolment, detailing specific implications.
Staff and workers who do not meet the criteria will not be entered into the scheme, but the University will continue to reassess their eligibility on a monthly basis. If they subsequently meet the criteria, they will be automatically re-enrolled into a qualifying scheme and will receive appropriate and timely communication at that point.
For further information on auto-enrolment please visit: https://portal.shu.ac.uk/departments/HRD/penben/pensions/Pages/autoenrolment.aspx
You can choose to opt in to a pension scheme at any time and further information on the contribution rates and general information on the University pension schemes can be found in the pensions section of the HR intranet or on the appropriate scheme’s sites:
Teachers’ Pensions Scheme: www.teacherspensions.co.uk Local Government Pension Scheme: www.sypensions.org.uk
For further information on pensions and saving for later life please visit: https://www.gov.uk/workplace-pensions