Universities and Colleges Retirement Savings Scheme

Eligibility: All colleagues.

UCRSS is a defined contribution scheme (DC) which is administered by Aviva. A defined contribution pension is the most common type of pension. On retirement, the amount your defined contribution pension is worth depends on how much money you've contributed and the performance of your investments. A defined contribution pension works like a tax-friendly savings account.

A defined contribution plan is a type of retirement plan in which the employer, employee or both make contributions on a regular basis. Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts plus any investment earnings on the money in the account.

Aviva Support for Members

• Aviva Website
• Aviva Member Guide
• Contacting Aviva
• Upcoming Webinars for UCRSS Members
• Pre-recorded Webinars for UCRSS Members
• Mercer Webinars

Contribution Rates