Oxford Staff Pension Scheme
Welcome to the home page of OSPS. Please do not hesitate to contact us with any queries you may have.
Please note that at the moment, only the OSPS in summary pages reflect the new scheme rules.
OSPS Annual Report and Accounts for year end 31 March 2013
The OSPS Annual Report and Accounts (for year to 31 March 2013) are now available. Copies can be downloaded from the OSPS Resources page. If you wish to obtain a printed copy, these can be requested by contacting the OSPS Pension team.
15 November 2013
OSPS changes in summary
As per our communication last November, changes to the University of Oxford Staff Pension Scheme (OSPS) came into effect from 1 January 2013. Going forward, active OSPS members build up pension benefits on a Career Average Revalued Earnings basis (known as ‘CARE’). All members were given the option to select their contribution rate (Lower, Standard or Higher) and the speed at which their pension builds up, referred to as the ‘accrual rate’. There was a good response from active members, with around 50% making a selection and over 30% of all members opting for the higher cost plan.
If you have any specific questions regarding these changes, please contact David James, OSPS Pensions Officer via email@example.com. Or alternatively, for a summary of the recent changes please refer to the recently published OSPS Information Summary (44kb)
7 January 2013