Leaving OSPS
Leavers
If a member leaves employment, transfers to a Associated Participating Employer or another University Department or is eligible for membership of USS under the Deed of Adherence, please send a payroll leaving form to the payroll department. When we receive our copy we will then calculate what the member has accrued at this date and write to them with details of their options. The forwarding address is very important so that we can make contact with former members.
Internal Transfers
For internal transfers where there is a break in service of less than a month, the membership will be considered continuous by the scheme. After a month’s gap, the first period of membership will be closed off and a new record will be set up. Alternatively, the member can request a transfer between records – we will send full details regarding this upon request.
USS joiners
Members who are leaving OSPS to join USS due to promotion or regrading should be aware that their OSPS benefits will not be transferred to USS automatically and they need to give USS their written permission to commence a pension transfer investigation. In order to transfer their benefits to USS under Club arrangements they will need to complete the USS transfer inquiry form within two years of joining USS and then accept the service credit offered.
It would be helpful if members could contact us about promotions and regradings into academic-related grades as we do not always get informed about them.
Opt outs after three months of membership
For opt outs after three months in the scheme, we require the following form:
Application to withdraw from OSPS (while in pensionable service) (OPT2) form
(57kb) from the employee.
Please note that OSPS requires 28 days written notice and the date of withdrawal is the end of the pay period in which the 28 days notice expires.
Once the payroll has been run for the month in which the 28-day notice period expires, we will do the necessary reconciliations and calculations and contact the former member directly concerning their options.