Pensions FAQs

Frequently Asked Questions (FAQs)

How do I join a pension scheme?

All new staff members will be automatically enrolled into a pension scheme when joining the University, should they meet eligibility criteria. For staff members who have previously opted out or are otherwise not in a pension scheme, please contact pension@qmul.ac.uk

Can I choose which pension scheme I join?

No. This is dependent on your terms and conditions of employment.

How do I contact my pension scheme?

The addresses of the pension schemes are listed below.  Please ensure you have your National Insurance number available for reference

How much does your employer spend on Pensions?

Please click below to see how much is spent on UK HE pensions:

Employer Spend on Pensions [PDF 530KB]  

 to view how much is spent on UK HE pensions

At what age can I retire?

This varies depending upon the pension scheme and the date you join. Please contact an HR Pensions Officer and we will be able to give you assistance.

What do I do if I want to retire after I have passed my scheme retirement age?

You should offer the notice stated in your contract in writing to your line manager/head of department, sending copies of the letter to your Pensions Officer.  It is also really helpful if you inform the Pensions Officer of your intention at least three months before the date of retirement so we can make sure there are no delays.

What happens to my benefits if I leave employment (not retiring)?

We have three options available to you, however option one only applies in the first two years of pension membership and provided you have not transferred into your scheme any other service.

1. Refund of contributions less adjustment for tax and National Insurance if leaving or withdrawing from the pension scheme within the first two years.  This option is not available if you are in the Pension Plus Salary Sacrifice Scheme. 
2. Deferred benefits payable when you reach retirement age.
3. Transfer into another pension scheme provided the receiving scheme accepts the transfer in.  You may wish to seek independent financial advice before taking this action.

In all cases we will inform your College Pension scheme that you have left and they should contact you to provide a statement of benefits.

What do I need to do when I’m leaving employment (not retiring)?

We will be informed of your departure by the relevant HR Administrator, so as long as they are in possession of a correct forwarding address for you then there is no need for further action.  However, if you are a member of SAUL or USS and you are planning to take up another position where you are remaining in the same scheme, we need to know this before you leave so please contact us to inform us.  Current staff: Please contact an HR Pensions Officer.