Parking Plus

Parking Plus is being introduced to make the cost of parking on site at the University as cost effective as possible.  The University's savings from Parking Plus will focus on supporting sustainable transport and on campus environmental initiatives.

How Parking Plus works

If you already have a University parking permit, you are currently paying for your permit out of your take home pay (£15 a month from 1 October 2008 for Gilmorehill and £10.42 for Garscube).

With Parking Plus your gross contractual salary will be reduced by the cost of the parking permit. The University will pay for your permit.  You save income tax and NI contributions on the cost of your permit, increasing your take home pay.

Parking Plus will result in participating employees seeing an increase in take home pay of:

• Gilmorehill: approximately £52 a year for a basic rate tax payer and £73 a year for a higher rate tax payer
• Garscube: approximately £37 a year for a basic rate tax payer and £51 a year for a higher rate tax payer  
  

What happens next

From 1 October 2008, those already holding a University parking permit and paying by payroll deduction will be automatically enrolled into Parking Plus unless;

• you choose to opt out,
• you earn less than the Pay Protection Limit (see Benefits Plus: frequently asked questions), or,
• your earnings would fall below the National Minimum Wage if you were to participate.
  

If you fail either of these earnings tests then you will be opted out of Parking Plus and will continue to pay for your permit the way you do currently.

If you participate in any other parts of Benefits Plus then these will also be taken into account when deciding if you will be automatically enrolled in Parking Plus. It is not possible to participate in both Parking Plus and Cycle Plus simultaneously.

If you do not already hold a parking permit, and you wish to obtain one, more information about how to apply can be found in Parking notes. Please note there is currently a waiting list for permits, but we will process your request as soon as possible after a space becomes available.

Changing your terms and conditions of employment

Please note that by participating in Parking Plus you are agreeing to reduce your gross contractual salary by the value of your parking permit and you are agreeing to a change to your terms and conditions of employment with the University.  You will have the opportunity to review your participation in Parking Plus on 1 October each year, or if you have a lifestyle event (see Benefits Plus: frequently asked questions).

If you don’t want to participate in Parking Plus, you can opt out by completing an opt-out form. For a copy of the form, please contact the Payroll Section on 0141 330 3704.

This must be completed and returned no later than 29 September 2008.

The University will assume that you accept the proposed change unless you complete and return an opt-out form before 29 September 2008.

If after reading this section you are still unsure about whether or not you should participate in Parking Plus, please contact Payroll Section on 0141 330 3704.

Further details regarding the Parking Plus can be found in Parking notes.