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href="/admin-services/human-resources/procedures/work-location-framework/">Work Location Framework</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/procedures/work-location-framework/overview-and-values/">Overview, Values and principles</a></li> <li><a href="/admin-services/human-resources/procedures/work-location-framework/work-location/">Work location</a></li> <li><a href="/admin-services/human-resources/procedures/work-location-framework/disabled-staff-and-workplace-adjustments-/">Disabled staff and Workplace Adjustments </a></li> <li><a href="/admin-services/human-resources/procedures/work-location-framework/determining-work-location/">Determining work location</a></li> <li><a href="/admin-services/human-resources/procedures/work-location-framework/hybrid-working---practical-considerations/">Hybrid working - practical considerations</a></li> <li><a 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href="/admin-services/human-resources/recruitment-and-promotions/recruitment/inclusive-recruitment/">Inclusive Recruitment</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/professional-technical-and-operational-pto-establishment-review/">Professional, Technical and Operational (PTO) Establishment Review</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/professional-technical-and-operational-pto-establishment-review/guidance/">Guidance</a> <ul class="multilevel-linkul-3"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/professional-technical-and-operational-pto-establishment-review/guidance/guidance-for-line-managers/">Guidance for Line Managers</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/professional-technical-and-operational-pto-establishment-review/guidance/guidance-on-application-form/">Guidance on Application Form</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/professional-technical-and-operational-pto-establishment-review/guidance/guidance-on-writing-job-descriptions/">Guidance on Writing Job Descriptions</a></li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/professional-technical-and-operational-pto-establishment-review/frequently-asked-questions/">Frequently Asked Questions</a></li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/academic-senior-research-and-senior-teaching-appointments/">Academic, Senior Research and Senior Teaching appointments</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/academic-senior-research-and-senior-teaching-appointments/college-consuls/">College Consuls</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/academic-senior-research-and-senior-teaching-appointments/chairs-professors-readers-researchers/">Appointment of Senior Academics, Senior Research and Senior Teaching staff</a> <ul class="multilevel-linkul-3"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/academic-senior-research-and-senior-teaching-appointments/chairs-professors-readers-researchers/further-particulars-/">Further Particulars </a></li> </ul> </li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/honorary-and-visiting-associations/">Honorary and visiting associations</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/professional-teaching-and-research-staff-appointments/">Professional, teaching and research staff appointments</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/">Temporary worker appointments</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/existing-casual-workers/">Existing casual workers</a> <ul class="multilevel-linkul-3"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/existing-casual-workers/frequently-asked-questions/">Frequently Asked Questions</a></li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/prospective-casual-workers/">Prospective casual workers</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/hiring-departments/">Hiring Departments</a> <ul class="multilevel-linkul-3"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/hiring-departments/hiring-casual-workers/">Hiring casual workers</a> <ul class="multilevel-linkul-4"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/hiring-departments/hiring-casual-workers/frequently-asked-questions/">Frequently Asked Questions</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/hiring-departments/hiring-casual-workers/app-user-guides/">App user guides</a></li> </ul> </li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/temporary-worker-appointments/graduate-teaching-assistants/">Graduate Teaching Assistants</a></li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/starting-salary-guidance-/">Starting salary guidance </a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/recruitment/new-job-site-faq/">FAQs for new job site platform</a></li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/promotions/">Promotions</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/promotions/academic-promotions/">Academic Promotions</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/promotions/learning-promotions/">Learning Promotions</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/promotions/research-staff-promotion-and-progression-review/">Research Promotions</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/promotions/teaching-promotions/">Teaching Promotions</a></li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/contracts/">Contract types and contract changes</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/contracts/types/">Contract type guidance</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/contracts/role-guidance/" class="">Contract change form guidance</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/contracts/approvers/" class="">Trusted Requesters and Approvers for contract changes</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/contracts/contract-changes/">Contract changes for current staff</a></li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/">Job families and grades</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/academic/">Academic</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/academic-and-research/">Research</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/learning-and-teaching/">Learning and Teaching</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/operational/">Operational services</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/professional/">Professional services</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/technical/">Technical services</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/teaching-and-research-working-group/">Working Group to review the Learning and Teaching and Research Terms and Conditions and the use of Fixed Term Contracts</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/teaching-and-research-working-group/phase-i/">Phase I</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/teaching-and-research-working-group/phase-ii/">Phase II</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/teaching-and-research-working-group/phase-iii/">Phase III</a></li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/working-group-to-review-academic-titles-and-progression-at-imperial/" class="">Working Group to review Academic Titles and Progression at Imperial</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/working-group-to-review-academic-titles-and-progression-at-imperial/terms-of-reference/" class="">Terms of Reference</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/working-group-to-review-academic-titles-and-progression-at-imperial/working-group-members/" class="">Working Group Members</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/working-group-to-review-academic-titles-and-progression-at-imperial/meeting-summaries/" class="">Meeting Summaries</a></li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/job-families-and-grades/working-group-to-review-academic-titles-and-progression-at-imperial/faqs/" class="">FAQs</a></li> </ul> </li> </ul> </li> <li><a href="/admin-services/human-resources/recruitment-and-promotions/secondments-/">Secondments </a></li> </ul> </li><li><span class="currentbranch0"><a href="/admin-services/human-resources/pay-and-pensions/">Pay and pensions</a></span> <ul class="multilevel-linkul-0"> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/">Principles of pay</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/">2024 Gender, Ethnicity, and Disability Pay Gap Reports</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/gender-ethnicity-and-disability-quartiles/">Gender, ethnicity and disability quartiles</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/gender-ethnicity-and-disability-mean-and-median-pay-gaps/">Gender, ethnicity and disability mean and median pay gaps</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/gender-pay-gap-in-bonuses/">Gender pay gap in bonuses</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/ethnicity-pay-gap-in-bonuses/">Ethnicity pay gap in bonuses</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/disability-pay-gap-bonuses/">Disability pay gap in bonuses</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/previous-gender-and-ethnicity-data/">Comparison of previous gender and ethnicity pay gap data</a> <ul class="multilevel-linkul-3"> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/previous-gender-and-ethnicity-data/previous-gender-data/">Comparison of 2017-2024 gender data</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/previous-gender-and-ethnicity-data/previous-ethnicity-data/">Comparison of 2018-2024 ethnicity data</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/principles-of-pay-and-recognition/gender-and-ethnicity-pay-gap/initiatives-and-projects/">Initiatives and projects</a></li> </ul> </li> </ul> </li> <li><span class="currentbranch1"><a href="/admin-services/human-resources/pay-and-pensions/pensions/">Pensions</a></span> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pensions-basics/">Pensions basics</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/saul/">SAUL pension scheme</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/saul/saul-care/">SAUL Care</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/saul/saul-start/">SAUL Start</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/saul/saul-data-breach/">SAUL data breach</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/saul/saul-drop-ins-2024/">SAUL Drop-ins 2024</a></li> </ul> </li> <li><span class="currentbranch2"><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/">USS pension scheme</a></span> <ul class="multilevel-linkul-2"> <li><span class="currentbranch3"><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/">USS valuations</a></span> <ul class="multilevel-linkul-3"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-is-a-valuation/">What is a valuation?</a> <ul class="multilevel-linkul-4"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-is-a-valuation/glossary-of-parties-involves/">Glossary of terms including the parties involved</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-is-a-valuation/timeline/">Timeline</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-is-a-valuation/history/">How did we get here?</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-is-a-valuation/frequently-asked-questions/">Frequently asked questions</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-is-a-valuation/external-resources/">External resources which may help you understand your pension </a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/how-might-this-affect-me/">How might this affect me?</a></li> <li><span class="currentbranch4"><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-the-college-is-doing/">What the College is doing</a></span> <ul class="multilevel-linkul-4"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-the-college-is-doing/uss-staff-working-group/">USS Staff Working Group</a></li> <li><span class="currentbranch5"><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-the-college-is-doing/imperial/">Our involvement with previous consultations and valuations</a></span></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-the-college-is-doing/joint-statement/">Joint statement from Imperial College London and the Imperial College UCU branch</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-the-college-is-doing/joint-letter/">Joint letter from the Universities of Cambridge and Oxford and Imperial College London</a></li> </ul> </li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/uss-prudential-facility/">USS Prudential Facility</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/capita-cyber-incident/">Capita Cyber Incident</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/uss-drop-ins-2024/">USS Drop-ins 2024</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/nhsps/">NHS pension scheme</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/nhsps/nhs-scheme-pays/">NHS 19/20 scheme pays</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/the-federated-pension-scheme/">The Federated Pension Scheme</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/the-federated-pension-scheme/statement-of-investment-principles/">Statement of Investment Principles – May 2024</a> <ul class="multilevel-linkul-3"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/the-federated-pension-scheme/statement-of-investment-principles/implementation-2324/">Implementation 23/24</a></li> </ul> </li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/financial-advice/">Financial advice</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/financial-planning/">Financial planning</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/tax-relief-on-pension-contributions/">Tax relief on pension contributions</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/approaching-retirement/">Approaching retirement</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/retirement-options/">Retirement options</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/retirement-options/faqs/">FAQs</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pensions-auto-enrolment/">Pensions auto-enrolment</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pensions-auto-enrolment/2019-re-enrolment/">2022 Re-Enrolment</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pensionsmart/">PensionSMART</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pensionsmart/new-starters-information/">New starters information</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pensionsmart/terminology-explained/">Terminology explained</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pensionsmart/pensionsmart-faqs/">PensionSMART FAQs</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pension-options-for-overseas-staff/">Pension options for overseas staff</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pensions/pension-faqs/">Pension FAQs</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pay-initiatives/">Pay initiatives</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/pay-and-pensions/pay-initiatives/annual-pay-award/">Annual pay award</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/pay-initiatives/annual-pay-award/jtus-pay-claim-202425/">JTUs pay claim 2024/25</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/pay-initiatives/annual-pay-award/imperials-full-and-final-pay-offer-202425/">Imperial's full and final pay offer 2024/25</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/pay-initiatives/pay-review/">Pay review</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/pay-and-pensions/pay-initiatives/pay-review/guidance-for-managers/">Guidance for managers</a></li> </ul> </li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/payroll-deadlines/">Payroll deadlines</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/salaries/">Salaries</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/pay-and-pensions/salaries/engaging-agency-workers--guidance-for-managers/">Engaging agency workers- Guidance for managers</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/terms-and-conditions/">Terms and conditions</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/attraction-and-retention-at-imperial/">Attraction and retention at Imperial</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/benchmarking/" class="">Benchmarking</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/pay-and-pensions/benchmarking/professional-technical-operational-and-learning-benchmarks/" class="">Professional, technical, operational and learning benchmarks</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/benchmarking/research-job-family-benchmarks/" class="">Research job family benchmarks</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/benchmarking/teaching-fellows-benchmarks/" class="">Teaching Fellows benchmarks</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/benchmarking/national-academic-job-family-benchmarks/" class="">National Academic job family benchmarks</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/benchmarking/american-benchmarks/" class="">American benchmarks</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/benchmarking/international-academic-job-family-benchmarks/" class="">International Academic Job Family Benchmarks</a></li> </ul> </li> <li><a href="/admin-services/human-resources/pay-and-pensions/industrial-action/">Industrial action</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/pay-and-pensions/industrial-action/industrial-action-students/">Industrial action: guidance for students</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/industrial-action/industrial-action-staff/">Industrial action: guidance for staff</a></li> <li><a href="/admin-services/human-resources/pay-and-pensions/industrial-action/industrial-action-undergraduate-marking-and-assessment/">Industrial action: undergraduate marking and assessment</a></li> </ul> </li> </ul> </li><li><a href="/admin-services/human-resources/leave/">Leave and absence</a> <ul class="multilevel-linkul-0"> <li><a href="/admin-services/human-resources/leave/annual-leave/">Annual leave</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/leave/annual-leave/additional-leave/">Purchasing additional annual leave</a></li> <li><a href="/admin-services/human-resources/leave/annual-leave/calculations/">Calculations for annual leave</a></li> </ul> </li> <li><a href="/admin-services/human-resources/leave/sickness-absence/">Sickness absence</a></li> <li><a href="/admin-services/human-resources/leave/university-closure-days/">University closure days</a></li> <li><a href="/admin-services/human-resources/leave/carers-leave/">Carers leave</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/">Family leave</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/leave/family-leave/adoption/">Adoption leave</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/fertility-treatment/">Leave for fertility treatment</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/maternity/">Maternity leave</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/paternity-maternity-support-leave/">Paternity and maternity support leave</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/shared-parental/">Shared parental leave</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/surrogacy/">Surrogacy</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/keep-in-touch/">Keeping in touch days</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/new-parents/">Parents and carers workshops</a></li> <li><a href="/staff/parents-network/parental-portal/">Parental portal</a></li> </ul> </li> <li><a href="/admin-services/human-resources/leave/special-leave/">Special leave</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/leave/special-leave/compassionate/">Compassionate leave</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/domestic-emergency/">Domestic emergencies leave</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/family-emergency/">Family emergencies leave</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/jury-service/">Jury service</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/leave-of-absence-for-academics/">Leave of absence for academics</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/public-duties/">Leave for public duties</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/witness-duty/">Leave for witness duty</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/parental-bereavement-leave/">Parental Bereavement Leave</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/parental/">Parental leave</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/academic-sabbatical/">Sabbatical leave for academic refreshment</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/personal-sabbatical/">Sabbatical leave for personal refreshment</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/reserve-forces/">Service in the volunteer reserve forces</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/study/">Study leave</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/unpaid/">Unpaid leave</a></li> </ul> </li> <li><a href="/admin-services/human-resources/leave/system-administrators/">Leave and absence system administrators </a></li> </ul> </li><li><a href="/admin-services/human-resources/support-and-advice/">Support and advice</a> <ul class="multilevel-linkul-0"> <li><a href="/admin-services/human-resources/support-and-advice/support-for-staff/">Support for staff</a></li> <li><a href="/admin-services/human-resources/support-and-advice/support-for-managers/">Support for managers</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/support-and-advice/support-for-managers/new-manager-faqs/">New manager FAQs</a></li> </ul> </li> <li><a href="/admin-services/staff-development/">Development</a></li> <li><a href="/admin-services/equality/">Equality</a></li> <li><a href="/staff/health-and-wellbeing/">Wellbeing</a></li> </ul> </li><li><a href="/admin-services/human-resources/benefits/">Benefits</a> <ul class="multilevel-linkul-0"> <li><a href="/admin-services/human-resources/benefits/saving-you-money/">Saving you money</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/benefits/saving-you-money/electric-vehicle-scheme/">Electric Vehicle Scheme</a></li> <li><a href="/admin-services/human-resources/benefits/saving-you-money/perks-at-work/">Perks at Work</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/benefits/saving-you-money/perks-at-work/perks-at-work-for-family--friends/">Perks at Work for family & friends</a></li> <li><a href="/admin-services/human-resources/benefits/saving-you-money/perks-at-work/perks-at-work-for-former-colleagues/">Perks at Work for former colleagues</a></li> </ul> </li> <li><a href="/admin-services/human-resources/benefits/saving-you-money/cycle-to-work-scheme/">Cycle to Work scheme</a></li> <li><a href="/admin-services/human-resources/benefits/saving-you-money/discounts/">Discounts</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/benefits/saving-you-money/discounts/local-discounts/">Local Discounts</a></li> <li><a href="/admin-services/human-resources/benefits/saving-you-money/discounts/online-discounts/">Online Discounts</a></li> </ul> </li> <li><a href="/admin-services/human-resources/benefits/saving-you-money/social/">Social activities</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/benefits/saving-you-money/social/walk/">Lunchtime walks</a></li> </ul> </li> <li><a href="/admin-services/human-resources/benefits/saving-you-money/discounts-for-teachers/">Discounts for teachers</a></li> <li><a href="/admin-services/human-resources/benefits/saving-you-money/overdrive/">Libby - borrow recreational audiobooks and e-books</a></li> </ul> </li> <li><a href="/admin-services/human-resources/benefits/looking-after-your-money/">Looking after your money</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/benefits/looking-after-your-money/loans/">Loans</a></li> <li><a href="/admin-services/human-resources/benefits/looking-after-your-money/childcare-support-/">Childcare Support </a></li> <li><a href="/admin-services/human-resources/benefits/looking-after-your-money/rental/">Rental deposit loan scheme</a></li> <li><a href="/admin-services/human-resources/benefits/looking-after-your-money/give-as-you-earn-gaye/">Give As You Earn (GAYE)</a></li> </ul> </li> <li><a href="/admin-services/human-resources/benefits/your-development/">Your development</a> <ul class="multilevel-linkul-1"> <li><a href="/staff/carers-network/being-a-carer-at-imperial/carers-support/">Carers' Support</a></li> <li><a href="/admin-services/human-resources/benefits/your-development/teaching-fellows-10-development-days/">Teaching Fellows 10 development days</a></li> </ul> </li> <li><a href="/admin-services/human-resources/benefits/live-well-work-well/">Live well, work well</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/benefits/live-well-work-well/mbs/">Mind, body and soul</a></li> <li><a href="/admin-services/human-resources/benefits/live-well-work-well/bupa-eduhealth/">Private health insurance (Bupa Eduhealth)</a></li> </ul> </li> <li><a href="/admin-services/human-resources/benefits/supporting-you-and-your-family/">Supporting you and your family</a> <ul class="multilevel-linkul-1"> <li><a href="/staff/carers-network/">Carers' network</a></li> <li><a href="/staff/early-years/">Early Years</a></li> <li><a href="/admin-services/human-resources/benefits/supporting-you-and-your-family/my-family-care/" class="">My Family Care</a></li> <li><a href="/admin-services/human-resources/leave/family-leave/">Family leave</a></li> <li><a href="/admin-services/human-resources/leave/special-leave/">Special leave</a></li> <li><a href="/admin-services/human-resources/benefits/supporting-you-and-your-family/elsie-widdowson-fellowship-award/">Elsie Widdowson Fellowship Award</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/benefits/supporting-you-and-your-family/elsie-widdowson-fellowship-award/case/">Case studies</a></li> </ul> </li> <li><a href="/staff/parents-network/">Parents' Network</a></li> <li><a href="/admin-services/human-resources/benefits/supporting-you-and-your-family/bumps/">Parents Network informal meetings</a></li> <li><a href="/admin-services/human-resources/benefits/supporting-you-and-your-family/imperial-activity-camp/">Imperial activity camp</a></li> </ul> </li> <li><a href="/admin-services/human-resources/leave/">Leave</a></li> <li><a href="/admin-services/human-resources/benefits/feedback/">Your benefits feedback</a></li> </ul> </li><li><a href="/admin-services/human-resources/engagement/">Staff Engagement</a> <ul class="multilevel-linkul-0"> <li><a href="/admin-services/human-resources/engagement/staff-survey/">Staff survey</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/engagement/staff-survey/results/" class="">Results 2024</a></li> <li><a href="/admin-services/human-resources/engagement/staff-survey/confidentiality-/">Confidentiality </a></li> <li><a href="/admin-services/human-resources/engagement/staff-survey/faqs/">FAQs</a></li> <li><a href="/admin-services/human-resources/engagement/staff-survey/visual-identity/">Visual identity</a></li> <li><a href="/admin-services/human-resources/engagement/staff-survey/past-surveys/" class="">Past surveys</a></li> <li><a href="/admin-services/human-resources/engagement/staff-survey/contact-us/">Contact us</a></li> <li><a href="/admin-services/human-resources/engagement/staff-survey/engagement-champions/">Engagement Champions</a></li> </ul> </li> <li><a href="/admin-services/human-resources/engagement/support-services-social-committee/">Support services social committee</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/engagement/support-services-social-committee/events-and-activities/">Events and activities</a></li> <li><a href="/admin-services/human-resources/engagement/support-services-social-committee/committee-members/">Committee members</a></li> <li><a href="/admin-services/human-resources/engagement/support-services-social-committee/queens-tower-tour-review/">Queen's Tower tour review</a></li> <li><a href="/admin-services/human-resources/engagement/support-services-social-committee/new-starters-networking-events/">New starters networking events</a></li> </ul> </li> <li><a href="/admin-services/human-resources/engagement/thank-you-day/">Thank you day</a></li> <li><a href="/admin-services/human-resources/engagement/long-servers-events/">Long servers events</a></li> <li><a href="/admin-services/human-resources/engagement/wellbeing/">Wellbeing survey</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/engagement/wellbeing/wellbeing-survey-results/" class="">Wellbeing survey results</a></li> </ul> </li> </ul> </li><li><a href="/admin-services/equality/">Equality</a></li><li><a href="/admin-services/human-resources/about-us/">About us</a> <ul class="multilevel-linkul-0"> <li><a href="/about-the-site/accessibility/">Accessibility statement</a></li> <li><a href="/admin-services/human-resources/about-us/a-z/">A-Z</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/">Contact us</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/ask-staff-hub/">Ask the Staff Hub</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/central-hr-administration/">Central HR Administration</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/directors-office/">Director's Office</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/employee-relations-and-hr-policy/">Employee Relations and HR Policy</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/about-us/contact-us/employee-relations-and-hr-policy/report-and-support-data-2023/">Report and Support data 2023</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/employee-relations-and-hr-policy/report-and-support-data-2022/">Report and Support data 2022</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/employee-relations-and-hr-policy/employee-relations-data-2023/">Employee Relations data 2023</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/employee-relations-and-hr-policy/employee-relations-data-2022/">Employee Relations data 2022</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/employee-relations-and-hr-policy/employee-relations-training/">Employee Relations Training</a></li> </ul> </li> <li><a href="/admin-services/human-resources/about-us/contact-us/recruitment-hub/">Recruitment Hub</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/senior-appointments/">Senior Appointments</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/hr-partnering-and-reward/">HR Partnering and Reward</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/systems-and-information/">Systems and Information</a> <ul class="multilevel-linkul-2"> <li><a href="/admin-services/human-resources/about-us/contact-us/systems-and-information/insights/" class="">HR Insights</a></li> <li><a href="/admin-services/human-resources/about-us/contact-us/systems-and-information/systems/" class="">HR Systems</a></li> </ul> </li> <li><a href="/admin-services/human-resources/about-us/contact-us/staff-compliance-and-immigration/">Staff Compliance and Immigration</a></li> </ul> </li> <li><a href="/admin-services/human-resources/about-us/hr-notices-/">HR Notices </a></li> <li><a href="/admin-services/human-resources/about-us/peoplestrategy/">People Strategy 2022+</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/about-us/peoplestrategy/foreward/">Foreword</a></li> <li><a href="/admin-services/human-resources/about-us/peoplestrategy/foundations/">Foundations</a></li> <li><a href="/admin-services/human-resources/about-us/peoplestrategy/finding-and-developing-diverse-talent/">Finding and developing diverse talent</a></li> <li><a href="/admin-services/human-resources/about-us/peoplestrategy/supporting-an-inclusive-culture-and-leadership/">Supporting an inclusive culture and leadership</a></li> <li><a href="/admin-services/human-resources/about-us/peoplestrategy/building-a-resilient-workplace/">Building a resilient workplace</a></li> </ul> </li> <li><a href="/admin-services/human-resources/about-us/service-level-agreements/">Service Level Agreements</a> <ul class="multilevel-linkul-1"> <li><a href="/admin-services/human-resources/about-us/service-level-agreements/slas/">HR Staff Hub</a></li> <li><a href="/admin-services/human-resources/about-us/service-level-agreements/recruitment-hub/">Recruitment Hub</a></li> <li><a href="/admin-services/human-resources/about-us/service-level-agreements/temporary-worker-team/">Temporary Worker Team</a></li> <li><a href="/admin-services/human-resources/about-us/service-level-agreements/job-evaluation/">Job Evaluation</a></li> <li><a href="/admin-services/human-resources/about-us/service-level-agreements/staff-compliance/">Staff Compliance</a></li> </ul> </li> </ul> </li>  </ul> </nav> </div> </div> </div> </div> </header> <main id="page"> <div class="show-no-js"> <div class="container"> <p class="step-1">In this section</p> <nav class="nav-fallback"> <ul class="nav-fallback__parent"> <li> <a class="lwi" href="/admin-services/human-resources/"> Human Resources </a> </li> </ul> </nav> </div> </div> <div class="container content-template" id="content"> <nav class="page-area-heading"> <a href="/admin-services/human-resources/">Human Resources</a> </nav> <div class="page-heading lg-8 sm-12"> <div class="breadcrumbs"> <ul> <li><a href="/">Imperial Home</a></li> <li><a href="/admin-services/human-resources/">Human Resources</a></li><li><a href="/admin-services/human-resources/pay-and-pensions/">Pay and pensions</a></li><li><a href="/admin-services/human-resources/pay-and-pensions/pensions/">Pensions</a></li><li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/">USS pension scheme</a></li><li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/">USS valuations</a></li><li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-the-college-is-doing/">What the College is doing</a></li><li><a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-the-college-is-doing/imperial/">Our involvement with previous consultations and valuations</a></li> </ul> </div> <h1>Our involvement with previous consultations and valuations</h1> </div> <div class="row row--space-between flow-opposite top" id=""> <aside class="col lg-3 md-4 sm-12"> </aside> <div class="col lg-8 sm-12" role="main" id="primary-content">  <div class="module flow-m"> <div class="row wysiwyg"> <h2>2020 valuation</h2> <p> </p> <table style="width: 94.7455%; height: 645px;"> <thead> <tr style="height: 26px;"> <th id="A0" style="width: 21.6024%; height: 26px;" scope="col">Date</th> <th id="A1" style="width: 659.499%; height: 26px;" scope="col"></th> </tr> </thead> <tbody> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>December 2019</strong></td> <td style="width: 659.499%; height: 26px;">The Joint Expert Panel publish their <a title="second report link opens in a new window" href="https://ussjep.org.uk/files/2019/12/JEP2-Final-Report.pdf" target="_blank" rel="noopener">second report</a> (JEP2), which makes recommendations on the valuation methodology.</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>December 2019</strong></td> <td style="width: 659.499%; height: 26px;">Imperial <a title="writes to the Pensions Regulator link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/about/leadership-and-strategy/president/public/Imperial-College-London-to-Charles-Counsell-3-Dec-2019.pdf" target="_blank" rel="noopener">writes to the Pensions Regulator</a>,  calling on them to take a flexible and thoughtful approach to JEP2. They <a title="responded link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/about/leadership-and-strategy/president/public/Charles-Counsell-Response-to-Prof-Gast-and-Prof-Walmsley---12-Dec-2019.pdf" target="_blank" rel="noopener">responded</a>  that they are ‘…engaging with the Joint Expert Panel (JEP) and will consider their recommendations carefully…’</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>January 2020</strong></td> <td style="width: 659.499%; height: 26px;">UUK consult with employers on recommendations from JEP2, to which Imperial provided <a title="a response link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/20-02-Phase-one-consultation-on-Joint-Expert-Panel-response-IMPERIAL.pdf" target="_blank" rel="noopener">a response</a></td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>February 2020</strong></td> <td style="width: 659.499%; height: 26px;">UCEA and UUK publish a joint open letter, providing an update on progress to address concerns of university employees on pay, working conditions and pensions. You can find the letter <a title="here link opens in a new window" href="https://www.ucea.ac.uk/our-work/collective-pay-negotiations-landing/Current-pay-negotiations/" target="_blank" rel="noopener">here</a>.</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>March 2020</strong> </td> <td style="width: 659.499%; height: 26px;">USS issue <a title="valuation discussion document link opens in a new window" href="https://www.ussemployers.org.uk/briefings/uss-2020-valuation-methodology-discussion-document" target="_blank" rel="noopener">valuation discussion document</a> and consult on methodology and risk appetite. </td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>September 2020</strong> </td> <td style="width: 659.499%; height: 26px;">USS consult with employers on their <a title="proposed assumptions link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/public/pensions/uss-changes/USS-Technical-Provisions-consultation-2020-valuation.pdf" target="_blank" rel="noopener">proposed assumptions</a> for the pension scheme’s Technical Provisions in relation to the 2020 valuation. In this document, USS set out their initial view on the assets, liabilities, long-term assumptions and the cost of the current benefits structure.</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>October 2020</strong></td> <td style="width: 659.499%; height: 26px;">Professor Ian Walmsley meets with USS representatives, along with our Director of Finance Tony Lawrence, and our internal experts Professors Richard Craster, Axel Gandy and David Miles. A number of questions were raised, including why the current consultation doesn’t encompass all aspects of the valuation process, the accommodation of only some of the JEP recommendations, and whether the asset modelling approach is appropriate in technique and time horizon. You can view a <a title="summary of the meeting link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/2020.10.15-USS-Meeting-Summary.pdf" target="_blank" rel="noopener">summary of the meeting</a> and further <a title="details on the responses from USS link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/public/pensions/uss-changes/USS-Technical-Provisions-consultation-2020-valuation.pdf" target="_blank" rel="noopener">details on the responses from USS</a>.</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>December 2020</strong></td> <td style="width: 659.499%; height: 26px;">President Professor Alice Gast and Provost Professor Ian Walmsley <a title="write to USS link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/Letter-to-USS-16-December-2020.pdf" target="_blank" rel="noopener">write to USS</a> endorsing the work of the Joint Expert Panel and urging full implementation of its proposals.</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>February 2021</strong></td> <td style="width: 659.499%; height: 26px;">Representatives from Imperial meet with UCU in order to discuss the USS valuation and agree upon an <a href="https://t4-cms.imperial.ac.uk/terminalfour/SiteManager?ctfn=download&fnno=60&ceid=0329f5395f3b2602f7996e94b0fc63554c21b677">Imperial-UCU joint letter</a> to USS urging the full implementation of the JEP's proposals.</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>March 2021</strong></td> <td style="width: 659.499%; height: 26px;">USS issue valuation report</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>March 2021</strong></td> <td style="width: 659.499%; height: 26px;">Imperial invites USS members to <a title="provide their feedback link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/public/pensions/uss-changes/28-04_USS-Survey-Response_ML_v2.pdf" target="_blank" rel="noopener">provide their feedback</a> on the valuation and establishes <a title="regular staff drop-in sessions link opens in a new window" href="https://forms.office.com/Pages/ResponsePage.aspx?id=B3WJK4zudUWDC0-CZ8PTB_uqXPts9HtAjOEk4a09XaNUM0o0MjY4Q0w5U0kwUDdENjdLTTVGVVZTWi4u" target="_blank" rel="noopener">regular staff drop-in sessions</a> on pensions</td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>April-May 2021</strong></td> <td style="width: 659.499%; height: 26px;">UUK launches its consultation on the valuation. You can view <a href="https://t4-cms.imperial.ac.uk/terminalfour/SiteManager?ctfn=download&fnno=60&ceid=ed21c30ccac8d379f6daa117f15c4836611b436c">Imperial's response to the consultation [pdf].</a></td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>April 2021</strong></td> <td style="width: 659.499%; height: 26px;">Representatives from Imperial meet with USS to discuss concerns with the valuation, its methodology and the debt monitoring framework. You can view a <a title="summary of the meeting link opens in a new window" href="https://www.imperial.ac.uk/human-resources/pay-and-pensions/pensions/uss/changes/what-is-a-valuation/technical/meeting/" target="_blank" rel="noopener">summary of the meeting</a>. </td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>May 2021</strong></td> <td style="width: 659.499%; height: 26px;">Imperial establishes a USS Valuation Working Group, chaired by Professor Richard Craster and comprised of staff representatives from across Imperial.</td> </tr> <tr style="height: 53px;"> <td style="width: 21.6024%; height: 53px;"><strong>June-July 2021</strong></td> <td style="width: 659.499%; height: 53px;"> <p>UUK launches <a title="short consultation with USS employers link opens in a new window" href="http://www.ussemployers.org.uk/news/uuk-launches-short-consultation-uss-employers" target="_blank" rel="noopener">short consultation with USS employers</a>. <a href="https://t4-cms.imperial.ac.uk/terminalfour/SiteManager?ctfn=download&fnno=60&ceid=5d28751918debcdf1651a97f272e971ba27438fc">View </a><a href="https://t4-cms.imperial.ac.uk/terminalfour/SiteManager?ctfn=download&fnno=60&ceid=ed21c30ccac8d379f6daa117f15c4836611b436c">Imperial's</a><a href="https://t4-cms.imperial.ac.uk/terminalfour/SiteManager?ctfn=download&fnno=60&ceid=5d28751918debcdf1651a97f272e971ba27438fc"> final response [pdf]</a>&zwnj;</p> </td> </tr> <tr style="height: 98px;"> <td style="width: 21.6024%; height: 98px;"><strong>September 2021</strong></td> <td style="width: 659.499%; height: 98px;"> <p>The Joint Negotiating Committee made its recommendations, <a title="which were accepted by the USS Trustee link opens in a new window" href="https://ddlnk.net/2PRX-16VD0-23FCED02DE9587694XEUER41612491C9070436/cr.aspx" target="_blank" rel="noopener">which were approved by the USS Trustee</a>. </p> <p>USS launched a short consultation with employers on the proposed recovery plan for responding to the deficit assessed by the USS Trustee as at 31 March 2020, and on a revised Schedule of Contributions effective from 1 October 2021. The USS Trustee is also consulting on the Statement of Funding Principles at the same time.</p> </td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>October 2021</strong></td> <td style="width: 659.499%; height: 26px;">Contributions will increase by no more than 0.2% for employees and 0.3% for employers. </td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>January 2022</strong></td> <td style="width: 659.499%; height: 26px;">The USS consultation with members closed on Monday 17 January. Along with individual staff responses which were submitted directly to USS and to UUK, we also submitted <a href="https://t4-cms.imperial.ac.uk/terminalfour/SiteManager?ctfn=download&fnno=60&ceid=b9ff993e5e950abe7d78fc917a2991716ea22ed2">a summary of Imperial staff views [pdf].&zwnj;</a></td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>February 2022  </strong></td> <td style="width: 659.499%; height: 26px;">Imperial submitted a response to the UUK consultation on the UCU proposal to conclude the 2020 USS valuation. <a href="https://t4-cms.imperial.ac.uk/terminalfour/SiteManager?ctfn=download&fnno=60&ceid=e33e878279d5dba6abd0993a0f9a07fe61de30e8">View the response [pdf].</a></td> </tr> <tr style="height: 26px;"> <td style="width: 21.6024%; height: 26px;"><strong>April 2022</strong></td> <td style="width: 659.499%; height: 26px;">The changes agreed as part of the 2020 valuation come into effect. Learn more on the <a href="https://www.uss.co.uk/for-members/your-statutory-notice-of-changes-to-uss/you-earn-below-40000#:~:text=From%201%20April%202026%20the,from%201%20April%202026%20onwards." target="_blank" rel="noopener">USS website</a>.</td> </tr> </tbody> </table> <h2>2018 valuation</h2> <ul> <li><span class="TextRun SCXW33091831 BCX0" data-contrast="none">Following the conclusion of the 2017 valuation, <a title="USS consulted link opens in a new window" href="https://www.ussemployers.org.uk/news/uss-launch-consultation-employers-2018-valuation" target="_blank" rel="noopener">USS consulted</a> with UUK and employers on the 2018 valuation. This valuation included USS’s consideration of the report of the first Joint Expert Panel (JEP).</span></li> <li>The USS Trustees consulted on three options. Imperial, after consultation with Heads of Department and staff, stated a preference for Option 3. The majority of HEIs also opted for Option 3 and this was agreed by the USS Trustee and submitted to the Pensions Regulator.</li> <li><a title="UUK have consulted with employers link opens in a new window" href="https://www.ussemployers.org.uk/news/concluding-2018-valuation" target="_blank" rel="noopener">UUK then consulted with employers</a> on protective measures to allow the Trustees to conclude that the covenant remains strong, which was a pre-condition to implementing Option 3. Following discussion at President’s Board, Imperial <a href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/College-response-to-UUK-consultation-of-covenant-protection-measures.pdf">sent a response [pdf]</a> that supported the package of protective measures subject to further details on implementation.</li> <li>The JNC <a href="https://www.ussemployers.org.uk/news/uuk-response-joint-negotiating-committee-decision-2018-valuation">agreed</a> (by majority vote) on Option 3, that sets total contributions at 30.7% for the next two years and that the change in the rate should be shared 65:35 between employers and members respectively (21.1% for employers, 9.6% for employees from October 2019). You can read the responses from <a href="https://www.ussemployers.org.uk/news/uuk-response-joint-negotiating-committee-decision-2018-valuation">UUK</a> and <a href="https://ucu.org.uk/article/10260/Autumn-pension-strikes-more-likely-as-universities-impose-higher-costs">UCU</a> who are the organisations represented on the JNC.</li> <li>This would avoid a significant, and for many unaffordable, increase to contributions set out in the <a href="https://www.imperial.ac.uk/human-resources/working-at-imperial/pension-schemes/uss---universities-superannuation-scheme/changes/2017-valuation/">USS default 2017 valuation position</a> already agreed with <a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/what-is-a-valuation/frequently-asked-questions/">the Pensions Regulator</a> from April 2020, while allowing time for the Joint Expert Panel to complete their work and move quickly towards a new valuation in 2020, which is <a href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/">currently underway</a>.</li> <li>The Pensions Regulator also needed to separately approve any new agreement reached between the parties. We <a href="/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/The-Pensions-Regulator---Charles-Counsell-26-July-2019.pdf">have written directly [pdf]</a> to the Pensions Regulator urging them to work with the other parties involved to come to a mutually agreeable valuation as soon as possible and avoid the default 2017 valuation contribution increases. <a href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/Charles-Counsell-Pensions-Regulator-to-APG-and-IW-14-August-2019.pdf">Read the Pensions Regulator's reply [pdf].</a></li> </ul> <p class="OutlineElement Ltr SCXW33091831 BCX0"> </p> <p class="OutlineElement Ltr SCXW33091831 BCX0"> </p> <p class="OutlineElement Ltr SCXW33091831 BCX0"> </p> <p class="OutlineElement Ltr SCXW33091831 BCX0"> </p> <p class="OutlineElement Ltr SCXW33091831 BCX0"> </p> <p class="OutlineElement Ltr SCXW33091831 BCX0"><span class="TextRun SCXW33091831 BCX0" data-contrast="none">The 2018 valuation resulted </span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">in a schedule of contributions set out below. This schedule remains in place until a further valuation is completed.</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":2,"335559740":360}"> </span></p> <p class="Paragraph SCXW33091831 BCX0"> </p> <div class="fill"> <table> <thead> <tr> <th id="A0" scope="col"></th> <th id="A1" scope="col"><span class="TextRun SCXW33091831 BCX0" data-contrast="none">1 October 2019</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></th> <th id="A2" scope="col"><span class="TextRun SCXW33091831 BCX0" data-contrast="none">1 October 2021</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></th> </tr> </thead> <tbody> <tr> <td> <span class="TextRun SCXW33091831 BCX0" data-contrast="none">Member contribution</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></td> <td> <span class="TextRun SCXW33091831 BCX0" data-contrast="none">9.6%</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></td> <td> <span class="TextRun SCXW33091831 BCX0" data-contrast="none">11%</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></td> </tr> <tr> <td> <span class="TextRun SCXW33091831 BCX0" data-contrast="none">Employer contr</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">ibution</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></td> <td> <span class="TextRun SCXW33091831 BCX0" data-contrast="none">21.1%</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></td> <td> <span class="TextRun SCXW33091831 BCX0" data-contrast="none">23.7%</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":0,"335559740":240}"> </span></td> </tr> </tbody> <tfoot> <tr> <td colspan="3"> </td> </tr> </tfoot> <caption class="sr-only">Summary of the table's contents</caption></table> </div> <p class="Paragraph SCXW33091831 BCX0"><span class="TextRun SCXW33091831 BCX0" data-contrast="none">The increase in contributions</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">,</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none"> outlined above</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">,</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none"> were par</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">t</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none"> of the Trustee</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">’</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">s</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none"> recovery</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none"> plan submitted to The Pensions Regulator to address the scheme</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">’</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">s shortfall in funding of </span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">£3</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">.</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">6</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">bn</span><span class="TextRun SCXW33091831 BCX0" data-contrast="none">.</span><span class="EOP SCXW33091831 BCX0" data-ccp-props="{"134233117":true,"134233118":true,"201341983":2,"335559740":360}"> </span></p> <ul> <li>The USS Trustee commenced a consultation with UUK on the proposed Recovery Plan for responding to the deficit assessed by it as at 31 March 2018, and on a revised Schedule of Contributions to confirm the contributions coming into effect from 1 October 2019.  UUK have consulted with employers – you can <a style="font-size: 15px;" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/UUK-consultation-Sep-2019.pdf">view our response [pdf]</a>. UUK has now formally responded to the USS Trustee.</li> <li>Separately, on 7 June <a style="font-size: 15px;" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/UCU-letter-14-June-2019.pdf">we received a letter [pdf]</a> from national <a style="font-size: 15px;" href="/admin-services/human-resources/pay-and-pensions/pensions/uss/changes/oldexpired-pages/involved/">UCU.</a> Having discussed the draft with Heads of Department and received feedback and comments from the wider Imperial community <a style="font-size: 15px;" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/USS-2018-valuation-consultation---Imperial-College-response.pdf">we sent our response [pdf]</a> back to UCU on 19 June. </li> <li>There have been five meetings in January 2020 between UCU, UUK and USS to discuss and agree the approach for progressing the JEP’s recommendations. <a style="font-size: 15px;" title="Read the statement from the fifth meeting link opens in a new window" href="https://ussjep.org.uk/statement-of-the-fifth-meeting-of-the-tripartite-group/" target="_blank" rel="noopener">Read the statement from the fifth meeting</a>.</li> <li>In December 2019, we <a style="font-size: 15px;" title="wrote to the Pensions Regulator [pdf] link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/about/leadership-and-strategy/president/public/Imperial-College-London-to-Charles-Counsell-3-Dec-2019.pdf" target="_blank" rel="noopener">wrote to the Pensions Regulator [pdf]</a> calling on them to take a flexible and thoughtful approach to JEP2. They <a style="font-size: 15px;" title="responded [pdf] link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/about/leadership-and-strategy/president/public/Charles-Counsell-Response-to-Prof-Gast-and-Prof-Walmsley---12-Dec-2019.pdf" target="_blank" rel="noopener">responded [pdf]</a> that they are ‘…engaging with the Joint Expert Panel (JEP) and will consider their recommendations carefully…’.  Their continued support for these new talks and the outcome of the consultation process will be crucial to successfully concluding the 2020 valuation and securing the long-term future of the scheme, and we will continue to remind them of their commitment. </li> <li>Following the JEP report, UCU, UUK and USS have developed <a style="font-size: 15px;" title="Statements of Purpose and Shared Valuation Principles [pdf] link opens in a new window" href="https://www.ussemployers.org.uk/sites/default/files/field/attachemnt/Statements-of-purpose-and-shared-valuation-principles.pdf" target="_blank" rel="noopener">Statements of Purpose and Shared Valuation Principles [pdf]</a> and will continue discussions around scheme governance issues at future talks. </li> <li>On 10 February 2020 UUK asked all USS employers whether they continue to support UUK’s position of keeping employer contribution rates at 21.1%, or whether they would like UUK to make a new offer to UCU. Imperial’s response was as follows: </li> <li>On 19 February 2020 UCEA and UUK published a joint open letter to all staff at universities affected by strike action. The letter provides an update on the significant progress to address concerns of university employees on pay, working conditions and pensions. You can find the letter <a style="font-size: 15px;" title="here link opens in a new window" href="https://www.ucea.ac.uk/our-work/collective-pay-negotiations-landing/Current-pay-negotiations/" target="_blank" rel="noopener">here</a> and also on <a style="font-size: 15px;" title="UUK link opens in a new window" href="https://www.universitiesuk.ac.uk/news/Pages/An-open-letter-from-.aspx" target="_blank" rel="noopener">UUK</a> and <a style="font-size: 15px;" title="USS employers link opens in a new window" href="https://www.ussemployers.org.uk/briefing-resources/background-and-briefings/open-letter-uuk-and-ucea-staff-about-2020-industrial-action" target="_blank" rel="noopener">USS employers</a> websites. </li> <li> <p>We submitted our response to the USS debt monitoring consultation on Monday 3 August 2020 - part of the 2018 valuation. <a title="View our response link opens in a new window" href="https://www.imperial.ac.uk/media/imperial-college/administration-and-support-services/hr/internal/uss-changes/Response-to-USS-Debt-Monitoring-consultation.pdf" target="_blank" rel="noopener">View our response</a>.</p> </li> </ul> </div> </div> <section class="supplementary-content row"> <div class="supplementary-content__sizer col"></div> </section>  </div> </div> </div> </main> <footer class="footer" role="contentinfo"> <section class="footer__main"> <h2 class="sr-only">Useful Links</h2> <div class="container"> <div class="row row--gap-on-collapse"> <nav class="col lg-3 sm-12"> <div class="flow-s"> <h3 class="step--1">Popular links</h3> <ul> <li><a href="/admin-services/ict/self-service/digital-education-services/digital-education-platforms/blackboard/">Blackboard</a></li> <li><a href="/admin-services/ict/contact-ict-service-desk/">Contact the Service Desk</a></li> <li><a href="/jobs/">Jobs</a></li> <li><a href="/admin-services/library/">Library services</a></li> <li><a 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