The University operates its own pension scheme for staff who are not eligible for membership of USS.
In practice, staff in the scheme are usually in Grade 5 or below or are employed by a participating subsidiary company.
Your first opportunity to join the Fund will be from the date that you have completed three years continuous employment. You must also:
- be aged at least 18 and not more than 60
- not be eligible to join the Universities Superannuation Scheme
- not be a member of The People's Pension, unless your membership is in respect to your own contributions only
|Scheme||Employee contribution rate*||Employer contribution rate*|
|University of York (Tier 3)||7%||16%|
|University of York (Lower Tier Option)||5.25%||16%|
|University of York (Higher Tier Option)||8.75%||16%|
*Percentage of pensionable salary