Frequently Asked Questions

1. Who will it affect?

2. I am a member of UPAS/USS/TPS/NHSPS – does it affect me?

3. I am not an active member of UPAS/USS/TPS/NHSPS – how will I be affected?

4. I am on a short-term contract/paid on time sheets

5. I am a casual worker and/or student, paid on pink forms

6. I am already in receipt of a pension from USS/UPAS

7. I am a new member of staff

8. I have been auto-enrolled by another employer

9. I want to opt-out

10. I don’t meet the criteria but would like to join if I can?

11. How much will it cost me to join?

12. What is tax relief?

13. I am younger than 22. If I don’t join a pension scheme now, what happens when I reach 22?

14. I don’t earn more than £10,000 a year (£8337 a month): if I don’t join the pension scheme now, what happens if I earn more than £833 a month in the future?

15. I have more than one post at the University. Will my posts be treated separately or together?

 

1. Who will it affect?

It will affect any member of staff who meets all of the following criteria

• If you are 22 or over but no more than state pension age
• If your earnings in any month exceed £833 (tax year 2018-19)
• If you ordinarily work in the UK
• If you are not a contributing member of one of the University’s pension schemes (see below)

2. I am a member of UPAS/USS/TPS/NHSPS – does it affect me?

If you are an active member of one of the above schemes, paying contributions, either directly or through the salary exchange scheme Bangor Benefits, then you will not be affected by auto-enrolment and do not need to do anything. If you stop contributing to the scheme, then you will be subject to assessment for auto-enrolment.

If you have another post at the University for which you are not a member of the pension scheme, you may be auto-enrolled for that post, provided it meets the criteria above.

3. I am not an active member of UPAS/USS/TPS/NHSPS – how will I be affected?

If you meet the criteria listed below, then the University is required to auto-enrol you into a suitable scheme

• If you are 22 or over but no more than state pension age
• If your earnings in any month exceed £833 (tax year 2018-19)
• If you ordinarily work in the UK.

If you are eligible to join USS and are on fixed-hours, you will be auto-enrolled into USS. All other staff will be issued with a postponement notice and an assessment will be carried out 3 months after 01/05/2013 or the date when they became subject to auto-enrolment. If at the assessment date they satisfy the criteria above, they will be auto-enrolled into the National Employment Savings Trust (NEST) or USS if eligible to join USS.

Once you have been auto-enrolled into a pension scheme, you will receive an auto-enrolment notice. It will explain that you have an option to opt-out of the scheme and receive a full refund of your contributions and how you can arrange this. There is a time limit of 1 month to do this from when you receive the notice. The University is not allowed to help you opt-out but has a statutory obligation to inform you when you are auto-enrolled and tell you of your right to opt-out and who to contact in order to do so.

4. I am on a short-term contract/paid on time sheets

This does not matter; whatever the length of your contract or how few hours you work, the above procedures will still be applied.

5. I am a casual worker and/or student, paid on pink forms

Auto-enrolment regulations will still apply to you if you meet the criteria.

6. I am already in receipt of a pension from USS/UPAS

The auto-enrolment regulations continue to apply even if you are already in receipt of a pension. If you meet the criteria, you will be auto-enrolled into NEST.

7. I am a new member of staff

Your contract and the pension information that accompanies it will tell you which pension scheme you may join and which scheme you will be auto-enrolled into if you meet the criteria.

8. I have been auto-enrolled by another employer

Even if you are employed elsewhere and have been auto-enrolled by another employer, the auto-enrolment regulations still require the University to assess you and, if you meet the criteria, auto-enrol you into a suitable pension scheme.

9. I want to opt-out

You can opt-out of the pension scheme after auto-enrolment, but you cannot opt-out beforehand. When the University writes to you to tell you that you have been auto-enrolled, information about how to opt-out will be included. The opting-out process will be handled by the pension scheme, which will provide the necessary forms etc.

10. I don’t meet the criteria but would like to join if I can?

You can choose to join the pension scheme you are eligible to join, even if you do not meet the criteria

11. How much will it cost me to join?

USS: Employee contributions are 8% of salary and employer contributions are 18%.

UPAS: Employee contributions are 9.25% of salary and employer contributions are 18.35%. In addition the employer contributes £700,000 per annum directly to the scheme

NEST: Employee contributions will be 2.4% of earnings, the government adds 0.6% in tax relief and the employer contributes 3%.

12. What is tax relief?

The government takes tax off your income if your earnings are above your tax-free allowance. Tax relief means that some of the money that would have gone to the government in tax goes into your pension scheme.

If you are a member of UPAS/USS/TPS/NHSPS, tax relief goes into your pension through the net pay agreement. The pension contribution you see on your payslip is your contribution and the tax relief added together. This means you do not need to do anything, it happens automatically.

If you join NEST, the tax relief goes into your pension through a ‘relief at source arrangement’. You will only see your contribution on your payslip, the tax relief is added later.

13. I am younger than 22. If I don’t join a pension scheme now, what happens when I reach 22?

If you earn more than the minimum (currently £10,000 a year, £833 a month) when you reach 22, you will be automatically enrolled into our workplace pension scheme.  We will write to you again, around the time of your 22nd birthday, to give you all the information you need.

You can choose to opt out of the scheme if you want to, but if you stay in you will have your own pension which you get when you retire. Bangor University and you will pay into it every month.

14. I don’t earn more than £10,000 a year (£833 a month): if I don’t join the pension scheme now, what happens if I earn more than £833 a month in the future?

If you earn more than the minimum (currently £833 a month) in any month, you will be automatically enrolled into a pension scheme, so long as you are aged 22 or over, are under State Pension age, and are working or usually work in the UK.

If this happens, we will write to you again to give you all the information you need. You can choose to opt out of the scheme if you want to, but if you stay in you will have your own pension which you get when you retire.

15. I have more than one post at the University. Will my posts be treated separately or together?

The university will treat each post separately for auto-enrolment purposes.