Teachers' Pension Scheme Transitional Protection Remedy
Feedback updated 27 Jul 2023
We asked
The Department for Education published a consultation asking for views on the proposed draft regulations to implement the McCloud retrospective remedy as required by the Public Service and Judicial Offices Act 2022.
You said
A total of 309 responses were received from individuals and organisations, and most respondents agreed that the draft regulations meet the policy aims as described in the consultation document.
We did
The Department has looked closely at all the comments raised and the draft regulations will now form the basis of the final regulations. The draft regulations have been laid in Parliament and will be implemented on 1 October 2023
Overview
We're seeking views on the proposed changes to the Teachers’ Pension Scheme (TPS) regulations to remedy the discrimination identified when the scheme was reformed in 2015.
Why your views matter
Changes to the TPS rules are necessary to remedy the discrimination that was identified when the public service pension schemes were reformed in 2015. These regulations will result in all eligible members, with reformed scheme service, being retrospectively returned to the legacy scheme. All eligible members will then be offered a choice of benefits (legacy or reform) at retirement for the remedy period (1st April 2015 – 31st March 2022).
The consultation seeks responses from those affected by the proposed regulations.
What happens next
After the consultation has closed on 4 June 2023, responses will be fully considered before TPS regulations are finalised. Regulations need to be in force on 1 October 2023. The Department will publish its consultation response prior to this date.
Audiences
- Teachers
- Headteachers
- Employers
Interests
- Education
- Pay, conditions and pensions
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