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Pensions

 

New members from 01/01/2013 onward have been entered into the Hybrid section of the scheme. In this section of the scheme members simultaneously accrue two separate pensions, a defined benefit pension which is administered by our office and a defined contribution pension which is administered by SEI Capita. If you are in this section of the scheme then you should expect to receive information from both our office and from SEI Capita and should be aware that these communications may be referring to separate benefits.

The full scheme rules are available at: The CPS Scheme Rules  and 2004 Scheme Changes

If you are looking for forms or reporting a death please see the CPS homepage.

On this page this you can find-

Overview

Detailed Guidance

SEI Master Trust

 

Overview

The following two documents offer an overview of the Hybrid section of the CPS and provide a good starting point for understanding your pension-

The Hybrid Guide (PowerPoint Booklet)

University Assistants Staff Pension - A Simple Guide 

 

Detailed Guidance

The following factsheets cover specific areas of the Hybrid section of the CPS in more detail-

Factsheet 1 Eligibility

Factsheet 2 Retirement Benefits

Factsheet 3 Defined Contribution Basics

Factsheet 4 Defined Contribution Provider

Factsheet 5 Defined Contribution Fund

Factsheet 6 Defined Contribution Investment Guide

Factsheet 7 Defined Contribution Retirement Guide

Factsheet 8 Contributions

Factsheet 9 Salary Sacrifice

Factsheet 10 Topping Up your Benefits

Factsheet 11 Early Retirement

Factsheet 12 Late Retirement

Factsheet 13 Pension Increases

Factsheet 14 Death Benefits

Factsheet 15 Leaving Service

Factsheet 16 Ill Health and Incapacity Benefits

Factsheet 17 Transfers

Factsheet 18 Divorce

Factsheet 19 State Pension Benefits

Factsheet 20 Disputes and Complaints

Factsheet 21 Flexible Retirement

Factsheet 22 Absence (including Maternity / Paternity, sabbatical and sickness leave)

 

SEI Master Trust

Members of the Hybrid section of the CPS simultaneously accrue a defined benefit pension which is administered by our office and a defined contribution pension which is administered by SEI Capita.

Members can view and manage their SEI Capita fund online by registering here.

The following factsheets give details of the performance of the various SEI funds-

SEI Aggressive

SEI Alternative Lifestyle Fund

SEI Core Fund

SEI UK Core Fixed Interest (GBP)

SEI Default Lifestyle Fund

SEI Defensive Fund

SEI Growth Fund

SEI Moderate Fund

SSgA Sterling Liquidity

SSgA Global Equity 50:50 Index Fund