Manchester University plans to close final salary scheme for support staff

Stephanie Baxter
clock • 2 min read

The University of Manchester is consulting on closing its non-academic staff final salary fund to future accrual and enrolling new recruits into a defined contribution (DC) scheme.

Current members of the University of Manchester Superannuation Scheme (UMSS) would see their future pension benefits based on career average revalued earnings (CARE) rather than final salary from 1...

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