Welcome to the University of Surrey’s Pension Page
You will have received the appropriate pension information, along with your contract of employment. There are forms that you need to complete in relation to your pension scheme membership, dependant’s benefits and any transfer of benefits from previous pension schemes that you may wish us to investigate on your behalf.
Please visit the Pensions Office on level 7, Senate House on commencement of your employment in order that we can provide you with your forms for completion and go through any queries you may have. We will also need to take a copy of your original birth certificate or passport if you have not already provided this to your HR Manager.
If you are transferring from another University we will need to be made aware of your transfer, even if you are remaining in the same scheme.
If you have any queries, please do not hesitate to contact the pension team on ext 2029 or email pensions@surrey.ac.uk for assistance.
If you do not wish to join the pension scheme you will need to visit the Pensions Office as soon as possible to complete the appropriate form to ensure no deductions are taken.
We look forward to seeing you.
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CHANGE TO USS AND SCC PRUDENTIAL AVC TERMS:
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Prudential, the Money Purchase AVC (MPAVC) provider for USS and SCC will be introducing an early exit charge when MPAVC funds are withdrawn within five years of such contributions having commenced. The charge will only apply to the funds of members who commence MPAVCs on or after 19 August 2012 - it will not apply to those who have commenced MPAVCs before that date. All new member applications to commence Prudential contributions should therefore be received by the pensions office by the 8th June 2012 at the latest.
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If you are considering using Prudential to boost your benefits and are looking to retire within the next 5 years, you may want to act now.
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Please contact the pensions office on 01483 682029 if you would like further information.
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LATEST UPDATE
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USS Updates
 REDUCTION IN PENSIONS LIFETIME ALLOWANCE FROM 6 April 2012 - The deadline if rapidly approaching for a number of decisions by pension scheme members who may be affected by the reduction in the Lifetime Allowance limits. For any member applying to HMRC for fixed protection the 5th April 2012 is the HMRC dealine. No decision can be made retrospectively. In addition, any member seeking fixed protection may wish to re-confirm that sufficient information has been provided to the Pensions Office to raise awareness in advance of the deadline.
USS member's annual report 2011.
Updated Benefit Modeller for member’s to check their Annual Allowance limit for any possible tax charges.
Introduction of Flexible Retirement for USS members. This can be accessed from the USS website under News and Updates. If you wish to discuss in more detail, please contact HR and /or the Pensions Office.
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SCC LGPS Updates
FAQs for Public Sector Pension Rewiew.
The full Government report on Public sector pensions increased offer.
Consultation exercise currently under way for possible changes to contribution rates and or benefit structure reform from 1st April 2012
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