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
or Sarah Atkins, Payroll Manager
T: 0151 291 3052
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
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.
We have many resources to help members understand the benefits of their hybrid scheme, including how to make the most of their Investment Builder (defined contribution) benefits. You can find a list of webpages, factsheets and webinars to direct new members, in the new joiner/rejoiner journey support pack on the portal.
All members can find information on how the hybrid scheme works by visiting the How your pension works page, which includes details on the Retirement Income Builder, the Investment Builder and the salary threshold. Please signpost new joiners to these resources.
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.
UUK letter to USS re 2020 Valuation - March 2021
USS 2023 valuation technical provisions answer form July 2023