Occupational pension

As an employee at Liverpool Hope you can join one of the following pension schemes depending on your contract of employment.

If you would like to speak to someone at Hope about pensions, please contact the People Services office:

T: 0151 291 3189

E: hr@hope.ac.uk

or Sarah Atkins, Payroll Manager

T: 0151 291 3052

E: atkinss1@hope.ac.uk

You can also visit the Retirement Standards website for information relating to planning for retirement.

Support Pension Scheme

The Local Government Pension Scheme is a valuable part of the pay and reward package for Support Staff working at Liverpool Hope University. One of the main attractions of the LGPS is that it is also heavily subsidised by your employer who pays a large part of the cost of providing the benefits. For support staff at Liverpool Hope the LGPS is the Greater Manchester Pension Fund (GMPF).

If you wish to contact Greater Manchester Pension Fund, please ensure you have your National Insurance number and contact them on 0161 301 7000 or mail@gmpf.org.uk

Useful Links

Greater Manchester Pension Fund website

LGPS Mandatory Discretionary Policy for Liverpool Hope

Academic pension schemes

If you wish to contact Teachers Pension scheme, please ensure you have your National Insurance number and contact them:

T: 0845 6066166

E: TPMail@teacherspensions.co.uk

Or visit the TPS website

Universities Superannuation Scheme (USS)

The University allows new employees who join us to remain members of USS if they have previous service in the Scheme. Employees cannot transfer from TPS to USS

The USS website provides full details of the scheme along with forms, calculators and tools to help you understand, manage and forecast your pension

The latest USS news can be found here with additional guidance here.

USS pensions: information and updates about proposed changes

The sector, USS Trustee and the Pensions Regulator are considering the outcome of an independent review of the financial health and cost of the USS scheme. We will publish further updates as information becomes available.

USS Valuation Consultation Response from Liverpool Hope

The university response to the consultation is available in the Consultation Response document.

Background information

The Trustee of the Universities Superannuation Scheme (USS) are consulting on increases to the contribution rates paid by both members and the University to maintain the current defined benefit scheme going forward, after the most recent valuation concluded that it has a significant deficit and the cost of providing further defined benefits has risen.

Please find below relevant documentation. Further updates will be provided here.

2018 Valuation versus 2020 Valuation

JEP Recommendations - 3 March 2021

Pensions Regulator Letter to USS re 2020 Valuation

The Pensions Regulator Letter to USS - 26 February 2021

UCU Note on Funding and Prudence - April 2021

UCU Note on Security of Accrued Benefits - April 2021

USS 2020 Valuation Q&As - April 2021

USS Document C1 Covenant Support Measures - March 2021

USS Document C2 Debt Monitoring Framework - March 2021

USS Document C3 Employer Exits - March 2021

USS Note - Prudence Brief