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University employees have access to thousands of local and national shopping discounts, discounted health, dental and optical care and a range of discounts on financial services including home, car and travel insurance. Employees also have access to contribution reward schemes and highly competitive pension schemes.

Shopping discounts

The University of Cambridge employees have access various shopping discounts. Further information is available on our Shopping Discounts webpage.

Exclusive CAMbens Savings Account

The Cambridge Building Society in conjunction with the University of Cambridge and CAMbens has launched an instant access savings account.

Exclusive to employees of the University of Cambridge, the account can be opened in two city centre branches; St Andrews Street or Grafton Centre and managed in any of 18 branches, located in Cambridgeshire, Suffolk and Hertfordshire.

Pension schemes

The Pensions Section manages the following pensions schemes:

  • Universities Superannuation Scheme (USS)
  • Cambridge University Assistants' Contributory Pension Scheme (CPS)
  • National Health Service Pension Scheme (NHSPS)
  • Cambridge Colleges' Federated Pension Scheme (CCFPS)

Payroll Giving

Payroll Giving is a simple, tax-efficient way for employees to make monthly donations to any UK registered charity directly from their gross pay.

Shared Equity Scheme

The Shared Equity Scheme set up by the University of Cambridge exists to provide financial assistance to new members of academic or academic-related staff with the purchase of living accommodation in the Cambridge area, where they have to relocate to take up their appointment and encounter difficulties doing so. In this case, the University may pay for a direct share in the equity of a property purchased by a member of staff (and possible co-owner) as their primary residence, i.e. the University will buy the chosen property jointly with the member of staff.