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Introduction of PensionFlex

The University of Bradford is introducing PensionFlex to make contributions into the University's Superannuation Scheme (USS), more cost effective. This will allow most members of the USS and the University to save money, which should increase the take home pay you receive. PensionFlex is a Salary Exchange arrangement similar to childcare vouchers, nursery places or the cycle to work schemes that the University offers.

In this factsheet we have outlined how PensionFlex works and have provided examples of the savings you could make.


How does PensionFlex work?

  1. From 1 April 2010, you will stop making standard pension contributions from your Annual Salary to the USS. (PensionFlex will not be applied to Additional Voluntary contributions (AVCs) - please see Question 6 of the FAQ's for more information).
  2. Instead the University will make additional contributions to the USS equal to the contributions you were previously making, along with their current contribution.
  3. As the University are increasing their pension contribution, you agree to reduce your Annual Salary by the amount that you previously paid into the USS.
  4. You save National Insurance Contribution (NIC), as the pension contributions that you previously paid the USS were subject to NIC, whereas the contributions made by the University are not. The University will also make NIC savings in the same way.
  5. Your pension and other similar benefits will continue to be based on your higher Preserved Pay (this is your pay prior to any Salary Exchange), and so will not be affected by participation in PensionFlex.

Further Information

Frequently asked questions

How much could you save?


Changes to terms and conditions



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HR Service Centre
Human Resources
Room D36 Richmond Building
University of Bradford
West Yorkshire

E: human-resources

T: 01274 235333

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