New pension laws require all employers to enrol workers into a workplace pension scheme if they are not already in one and to make contributions to the scheme.?
From 1 April 2013 the University will automatically enrol you into a workplace pension if you meet the criteria below and are not already contributing to one of the University’s pension schemes.
The University will automatically enrol you if you:
- Are at least 22 years old and
- Are below state pension age and
- Earn more than ?787 p.m. (?9,440 p.a.) and
- Work, or ordinarily work, in the UK (under your contract)?
?If you do not meet the criteria you can choose to opt in or join the pension scheme relevant to your job.? Details of how to do this will be sent to you nearer the time.
Click?here to find out:
- Which scheme you will be enrolled into
- How much you will contribute
- How much the University will contribute
Or you can contact the University’s Pension Section: pensions@soton.ac.uk?or visit their offices in Building 37, Highfield Campus.
Staff?may also wish to visit the following sites:
www.pensionsadvisoryservice.org.uk
www.gov.uk/auto-enrolled-into-workplace-pension