Pensions

There are currently three Pension Providers that the University subscribes to:

• Scottish Public Pensions Agency (SPPA)
• Universities Superannuation Scheme (USS)
• Strathclyde Pension Fund (SPF)

The details of each provider along with contributions are as follows:

Scottish Public Pensions Agency (SPPA)

Scottish Public Pensions Agency
7 Tweedside Park
Tweedbank
Galashiels
TD1 3TE

www.sppa.gov.uk
Telephone: 01896 893200

Employer Contributions 17.2%
Individual Contributions Variable dependant on salary

Universities Superannuation Scheme (USS)

Universities Superannuation Scheme
Royal Liver Building
Liverpool
L3 1PY

www.uss.co.uk
Telephone: 0151 227 4711 or 0845 068 1110

Employer Contributions

18%

Individual Contributions

8%

Strathclyde Pension Fund (SPF)

Strathclyde Pension Fund
2nd Floor
Charlotte House
78 Queen Street
Glasgow

www.spfo.org.uk
Telephone: 0345 890 8999

Employer Contributions

19.3%

Individual Contributions

Variable dependant on salary

SPPA contribution rates from April 2018

Full Time Equivalent pensionable pay

Contribution rate 2018/19

 

 

Up to and including £27,047

7.2%

 

 

£27,048 to £36,410

8.7%

 

 

£36,411 to £43,172

9.7%

 

 

£43,173 to £57,216

10.4%

 

 

£57,217 to £78,022

11.5%

 

 

£78,023 and above

11.9%

 

 

 

Universities Superannuation Scheme (USS)

Universities Superannuation Scheme
Royal Liver Building
Liverpool
L3 1PY

www.uss.co.uk
Telephone: 0151 227 4711 or 0845 068 1110

Employer Contributions 18%
Individual Contributions 8%

 

Strathclyde Pension Fund (SPF)

Strathclyde Pension Fund
2nd Floor
Charlotte House
78 Queen Street
Glasgow

www.spfo.org.uk
Telephone: 0345 890 8999

Employer Contributions 19.3%
Individual Contributions Variable dependant on salary

 

Strathclyde Pension Fund - Contribution Table 2018/2019

 

 

 

 

 

 

Contribution rate

FTE Pay Min

FTE Pay Max

Contribution rate

FTE Pay Min

FTE Pay Max

5.5

up to

21,926

8.4

61,535

63,267

5.6

21,927

23,296

8.5

63,268

65,101

5.7

23,297

24,850

8.6

65,102

67,044

5.8

24,851

26,377

8.7

67,045

69,107

5.9

26,378

27,411

8.8

69,108

71,301

6.0

27,412

28,530

8.9

71,302

73,639

6.1

28,531

29,744

9.0

73,640

76,135

6.2

29,745

31,066

9.1

76,136

78,807

6.3

31,067

32,511

9.2

78,808

81,672

6.4

32,512

34,097

9.3

81,673

84,754

6.5

34,098

35,796

9.4

84,755

88,078

6.6

35,797

37,052

9.5

88,079

91,673

6.7

37,053

38,400

9.6

91,674

95,574

6.8

38,401

39,849

9.7

95,575

99,822

6.9

39,850

41,411

9.8

99,823

104,465

7.0

41,412

43,102

9.9

104,466

109,560

7.1

43,103

44,936

10.0

109,561

115,179

7.2

44,937

46,933

10.1

115,180

121,405

7.3

46,934

48,301

10.2

121,406

128,342

7.4

48,302

49,362

10.3

128,343

136,121

7.5

49,363

50,471

10.4

136,122

144,903

7.6

50,472

51,632

10.5

144,904

154,896

7.7

51,633

52,847

10.6

154,897

166,370

7.8

52,848

54,120

10.7

166,371

179,680

7.9

54,121

55,456

10.8

179,681

195,304

8.0

55,457

56,860

10.9

195,305

213,904

8.1

56,861

58,337

11.0

213,905

236,421

8.2

58,338

59,893

11.1

236,422

264,235

8.3

59,894

61,534

11.2

264,236

and above