Oxford Staff Pension Scheme
Welcome to the home page of OSPS. Please do not hesitate to contact us with any queries you may have.
Consultation on proposed changes to OSPS
The University is running a consultation on proposed changes to OSPS. The consultation, which runs from 20 April until 19 June, is intended to collect the views of currently active OSPS members and of other support staff who are not members but who are eligible to join the scheme. Colleges and other associated employers are also consulting their staff.
Details of the proposed changes, together with background information and illustrations, are contained in the OSPS consultation document. Personal copies of this document are being sent to each active OSPS member. The document is also available on the OSPS consultation.
During late April and in May a series of open meetings will be held at locations around Oxford at which staff will be able to ask questions or comment on the proposals. Details of these meetings will be publicised on the OSPS consultation website and through departments.
17 April 2012
Funding position of OSPS
The last funding valuation of OSPS, as at 31 March 2010, showed that the scheme had a deficit of approximately £82.4 million. In light of this situation, the University is working with the participating colleges and the scheme's trustees to identify what changes need to be made to OSPS. Once a set of detailed proposals has been drawn up, OSPS members will be sent full details about the proposed changes. For more information, see the OSPS funding position web page.
10 February 2012
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