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General & Useful Information

 

Public Sector Transfer Club National Health Service Pension Scheme (NHSPS)

The Club consists of a number of salary related occupational pension schemes that have agreed reciprocal transfer arrangements.   

The Club offers those who move between Club schemes the opportunity to transfer pension benefits on special terms.  In general, when you transfer your pension benefits between Club schemes, you will receive a broadly equivalent service credit in the new scheme, regardless of any increase in salary on moving.

UCL is an NHSPS Directions Employer. You can elect to continue with NHSPS membership if you meet the following criteria:  

  • You have contributed to the NHSPS within 364 days of joining UCL
  • You are employed at UCL Medical School or Clinical Department
  • Your role includes the teaching of Medical students at UCL
  • You complete the scheme ‘Application to contribute to the NHS Pension Scheme’ form within 3 months of the commencement of your UCL employment and forward it to Pension Services

UCL Retirement

Retirement Policy

Flexible Retirement Process

UCL Work Life Balance Policy

Associated Pension organisations and official bodies

Age UK (formerly Age Concern & Help the Aged)

British Medical Association (BMA)

Citizens Advice

The UK's largest charity working with and for older people.

The professional association for doctors.

Helps people resolve their legal, money and other problems by providing free, confidential, independent information and impartial advice.

Employers Pensions Forum (EPF) for Higher Education

H M Treasury

The Pensions Advisory Service

Established in 2007 as a broad based forum to discuss current and longer term pensions issues and to develop a strategy that will enable the HE sector to continue to offer staff access to high quality pensions schemes as an important part of the total remuneration package.

The UK’s financial & economics industry.

An independent non-profit organisation that provides free information, advice and guidance on the whole spectrum of pensions, including state, company, personal and stakeholder schemes.

Pensions Ombudsman

The Pension Protection Fund

The Pensions Regulator

Investigates complaints about how pension schemes are run.  The service is free and open to people who have a complaint against those responsible for the running or administration of pension schemes.

Established to pay compensation to members of eligible defined benefit pension schemes, when there is a qualifying insolvency event in relation to the employer and where there are insufficient assets in the pension scheme to cover Pension Protection Fund levels of compensation.

The new regulator of work-based pension schemes in the UK.  Created under the Pensions Act 2004, with a wide range of power, more proactive and risk-based approach to regulations.

Universities and Colleges Employers Association (UCEA)

Universities UK

University of the Third Age (U3A)

UCEA provides UK higher education institutions with a framework for discussion, advice and guidance on a range of pay and employment matters.They have also produced a Guidance on pensions tax relief document

Universities UK (UUK) is the representative organisation for the UK’s universities.

U3As are self-help, self-managed lifelong learning co-operatives for older people, no longer in full-time work.  Find out how to pursue learning not for qualifications, but for fun.