As a new member of staff you are automatically enrolled into either the Universities Superannuation Scheme (USS), Superannuation of University of London (SAUL), or if you are an existing member of the NHS scheme, you may be able to continue your membership.
Levels of Contribution
| Pension Scheme | Employee Contribution | Employer Contribution | Total Contribution |
|---|---|---|---|
| USS | 6.1% | 14.5% | 20.6% |
| SAUL CARE | 6% | 19% | 25% |
| SAUL Start | 6% | 15%* | 21% |
| NHS | Varies dependant on salary | 23.78% | |
*Plus 1% of salary to help cover the costs of running the plan and paying death-in-service benefits’
Payment Options
New Starters Information
PensionSMART Salary Sacrifice Method
This is the preferred method for USS and SAUL. You do not make any direct payments to the pension scheme, and your salary is reduced by the percentage you would otherwise contribute. Imperial contributes both the employer and employee percentage directly to the scheme on your behalf. As a result, your National Insurance contributions will be lower, which consequently increases your take home pay.