Superannuation Arrangements of the University of London (SAUL): confirmation of changes from 1 July 2012
27 April 2012
Following the closure of the 60 day
Information about the actions taken after the consultation closure and the confirmed changes is available .
Further information about the confirmed changes to SAUL at 1 July 2012 together with a summary of the changes to AVCs and Transfers-In from 1 April 2012 can also be found in the .
The sets out the eligibility conditions and deadlines for those who wish to re-join SAUL on a Final Salary basis.
If you have previously opted out of SAUL membership and wish to re-join SAUL on a Final Salary basis, you need to complete the and return it to Ïã¸ÛÁùºÏ²ÊÖÐÌØÍø Pension Services by 31 May 2012.
The on the SAUL website have been updated for the financial year 2012/13. These demonstrate the actual cost of SAUL membership is less than 6% because of savings made by paying less tax and National Insurance, and the saving is even greater if you also participate in .
Fenella Needham, Ïã¸ÛÁùºÏ²ÊÖÐÌØÍø Pensions Manager, Human Resources