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.
The Government is consulting on whether FE and HE institutions should have the choice to apply Fair Deal arrangements so that their employees, transferred into the private sector, can remain as members of the Teachers' Pension Scheme. Click the links below to read the NUT response and the joint teacher unions response.
This is a joint NUT / NASUWT technical response to the Government's plans to introduce a career average pension scheme for most teachers from 2015. The NUT maintains its opposition to the Government's plans, which involve teachers paying more, working longer and getting less.
The National Pensioners' Convention is lobbying Parliament on 27 November on the exclusion of current pensioners by the Pensions Bill, expensive and poor quality elderly care and attacks on universal benefits. Go along and lobby your MP. You can read the NUT Pensions Bill summary on the retired members page.
This update sets out pensions news on a variety of issues, including the cash cost of Teachers’ Pension Scheme employee contribution rate rises in April 2013, the revised Local Government Pension Scheme contribution bands from April 2013 and the danger of Pension Liberation fraud.
The NUT, as an affiliated organisation of the Public Service Pensioners’ Council (PSPC), is asking retired NUT members to send their MP a letter, using the attached template, telling them how the switch to CPI indexation is affecting them.
This is a summary of the White Paper ‘The single-tier pension: a simple foundation for saving’ covering the Government’s planned switch to a single-tier pension from April 2017, the abolition of contracting-out and the planned mechanism to increase the state pension age.
This update sets out pensions news on a variety of issues, including planned employee contribution rate rises in April 2013, the Government’s Public Service Pensions Bill and the proposed cut in the Annual Allowance from April 2014.
These documents are the NUT and Public Service Pensioners’ Council (PSPC) responses to the Office for National Statistics consultation on possible future changes to the Retail Prices Index. The original ONS consultation document is also included.
The Department for Education has issued its planned Teachers’ Pension Scheme contribution increase for 2013-14. This document describes the Government’s plans and shows the impact for teachers on the classroom scales.
This commentary summarises the main provisions of the Government’s Public Service Pensions Bill. It sets a common legal framework and allows the Government to bring in its public service pension reforms, which will mean teachers paying more, working longer and getting less. The NUT continues to oppose these changes.