TPS Rep Powerpoint

Presentation of the latest information about the Teachers' Pension Scheme (TPS)

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Overview

  • All teachers moved into career average scheme from 1 April 2022
  • Most teachers will have some legacy rights in final salary scheme – these are fully protected
  • Teachers will have choice between final salary (FS) scheme and career average (CA) scheme for period 1 April 2015 – 31 March 2022. Known as ‘McCloud remedy’ due to age discrimination case
  • Choice between FS and CA made at retirement
  • Teachers who joined on or after 1 April 2012 (or not in service on 1 April 2015) not covered – members of career average scheme only
Group of people working at a desk

Pensions

In whatever capacity you work in education, there is likely to be an occupational scheme available for you.

Pensions information
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