This update sets out pensions news on the increase in employer pension contributions, new state pension system from April 2016, the Government's proposed cap on public sector redundancy settlements and the NUT Retired Teachers' Convention 2015.
This update sets out pensions news on a variety of topics including the Pensions Increase 2015, change in employee contribution structure from April 2015 and details of the new career average scheme to be introduced from April 2015.
This document is a report of the National Pensioners' Convention Parliament held in Blackpool on 17th-19th June 2014 and was attended by representatives of the NUT Retired Teachers' Advisory Committee.
This briefing gives details of the Government's plan to allow people who reach state pension age before 6 April 2016 to buy Class 3A National Insurance Contributions to boost their additional state pension record. The scheme will run from 12 October 2015 to 1 April 2017.
The Pensions Act 2014 legislated for a new single-tier state pension system from 6 April 2016 and contains provisions for regular reviews of the state pension age. The document summarises the relevant provisions of the Act for NUT members.
This update sets out pensions news on a variety of issues, including the proposed increase in Teachers' Pension contributions from April 2014, the Pensions Bill, the Retired Teachers' Convention 2013 and Fair Deal.
This guidance document shows the effect of the Pensions Act 2011 and Pensions Act 2014 on the state pension age . The 2011 Act accelerates the increase to 65 for women and 66 for both men and women. The 2014 Act brings forward the planned increase to 67 by eight years, affecting members currently in their mid-forties to early-fifties. .
This guidance document is intended for use by members and division officials. The first section covers the background to the pension overpayment problem. The second section looks at how pensions are recalculated, and how to interpret letters received from Teachers' Pensions.