National Employment Savings Trust (NEST)

Scheme Overview

National Employment Savings Trust (NEST) is a defined contribution occupational pension scheme backed by the government and set up to enable employers to meet their legislative obligations for automatic enrolment under the workplace pensions reforms. 

Both you and the University will contribute to your pension whilst you are working. Then when you come to retire, you will be able to use your NEST pension savings to take a cash lump sum and buy a retirement income. 

Information on the pension benefits provided by NEST can be found at

Can I opt in to NEST?

Yes, if NEST is the University’s appropriate qualifying pension scheme for you. You can opt in to NEST by completing the NEST Notice to Opt In form.

How much will I pay into NEST?

You will pay a percentage of your qualifying earnings into NEST and the University will also pay a percentage of your qualifying earnings to NEST in accordance with the table detailed below.

 University ContributionYour ContributionCurrent Tax Relief
From enrolment 1% 0.8% 0.2%
From October 2017 2% 2.4% 0.6%
From October 2018 3% 4% 1%
From April 2019 3% 5% 1%

What are your qualifying earnings?

Qualifying earnings include salary, wages, overtime, bonuses and commission as well as statutory sick, maternity, paternity or adoption pay.

To find out more about contributions and qualifying earnings amounts, visit the NEST website.