Teachers’ Pension Scheme – Independent Schools Phased Withdrawal

Closes 3 Nov 2019

Opened 9 Sep 2019

Overview

We are seeking further views regarding proposed changes to the participation of independent schools in the Teachers’ Pension Scheme.

Why We Are Consulting

The consultation concerns proposals to change the England and Wales Teachers’ Pension Scheme rules to allow independent schools opting out of the scheme to do so more flexibly.  

Under current scheme rules, an independent school electing to opt-out of the scheme results in all members becoming deferred.   

The proposal could allow independent schools, electing to opt-out of TPS participation for future teaching staff, to allow existing staff to remain as active members.  

The consultation seeks views on the proposal and whether there are any alternative proposals to achieve the aims outlined in the consultation document.

Give Us Your Views

Audiences

  • Teachers
  • Headteachers
  • Governors
  • Independent specialist colleges
  • School business managers
  • Unions and representative organisations

Interests

  • Education
  • Pay, conditions and pensions
  • Recruitment
  • Financial management