Salford becomes first Living Pension university in UK

The Living Pension is a voluntary savings target for employers that seek to help colleagues, especially those at the lower end of the pay scale, to build up a pension pot that will provide enough income to meet their everyday needs in retirement.

The news follows an announcement that the University has also become a member of the Greater Manchester Good Employment Charter which shows commitment to putting fair pay, secure work, and excellent people practices into action.

Katherine Chapman, Director of the Living Wage Foundation, said: "We’re delighted that the University of Salford has signed up as a Living Pension employer. As the first university in the UK to reach this milestone, the University of Salford is setting a powerful example, demonstrating that good employment means ensuring financial security for their people now and in retirement.”

Our commitment to the Living Wage, the Good Employment Charter and the Living Pension mean that we are strengthening the University’s progress to becoming an employer of choice in Salford, across Greater Manchester and beyond.

Vice-Chancellor, Professor Nic Beech, said: “I am very pleased to be the first university to be an accredited Living Pension employer. In line with our strategy, it demonstrates our commitment to the principles of contributing to social justice and a fair and equitable society, as well as showing how we are investing in our people.

“Our University employees dedicate an incredible amount of time and care to our students, to our alumni, to their fellow colleagues, and to the wider community. It’s therefore important that they feel secure in their own futures, and that they are supported with their own financial planning, health and wellbeing.”

Visit the Living Pension scheme’s website to learn more.