The University has four pension schemes, three of which are occupational pension schemes:
- Universities Superannuation Scheme (USS): a national scheme for staff on academic and academic-related grades (grades 6 - 10);
- University of Oxford Staff Pension Scheme (OSPS): the University's own scheme for support staff (grades 1 - 5). The scheme is also open to similar employees of colleges and other participating institutions.
- National Health Service Pension Scheme (NHSPS): a national scheme for NHS employees, which applies within the University only to those staff in the medical school who were active members of the NHSPS immediately prior to employment by the University.
- Other pension schemes:
All these schemes allow members to make additional voluntary contributions to secure additional benefits.
Subject to certain limited exceptions, if you are eligible to become a member of either USS or OSPS and you join the pension scheme, you are automatically enrolled in the University's salary exchange scheme for pension contributions from three months after the date of joining the pension scheme. If you do not wish to be enrolled in the a pension scheme please speak to your local HR team. Further details of the scheme are in section 3.5 of the Handbooks for Support Staff and Academic-related Staff.
Please note that a limited number of staff in the MRC units in the WIMM retained membership of the MRC pension scheme (MRCPS) under the TUPE transfer.