Teachers' Pension Scheme
Latest information on the Teachers' Pension Scheme.
The Teachers' Pensions Scheme (TPS) no longer sends annual benefit statements, so make sure that you have signed up to 'My Pension Online' to check your statement.
Update on the Teachers' Pension Scheme - Autumn 2023
Our latest update covers the changes that will be made from 1 October 2023 to all public service pension schemes including the Teachers' Pension Schemes in England, Wales, Scotland and Northern Ireland.
These changes are happening to remove the age discriminatory impact of schemes' transitional protection arrangements, often referred to as the 'McCloud Remedy'.
You can read the full update here and watch the webinar below which explains the changes.
The UK government made changes to all public sector pension schemes, including TPS, from 1 April 2022. These changes removed the age discrimination found by the courts in the way in which the 2015 CARE schemes were introduced. Please click here for our previous information on the background to these changes, our webinar, FAQs and presentation here.
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7 October 2019
You may recall from previous updates that while there is no change to benefits or member contributions at the moment, there may be in the longer term. You can read…
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2 August 2019
Since we last updated members in May, there have been developments regarding the valuation of the public sector pension schemes, including the Teachers' Pension…
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23 May 2019
Five days of strikes at Winchester University have been suspended after the university agreed to rule out compulsory job losses as a result of increased costs in…
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25 April 2019
Acting general secretary Paul Cottrell has written a piece for the Guardian warning against knee-jerk responses from institutions and pledging that UCU will challenge…
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10 April 2019
The Department for Education has confirmed it will not fund universities facing increased costs as a result of the TPS changes.
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14 March 2019
Branches have been sent an update on what's been happening following the recently announced 7% increase in TPS contributions and the first evidence of consequences…
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27 February 2019
There have been further developments in the planned changes to TPS which have led to the benefit improvements being put on hold due to an age discrimination case.…
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1 February 2019
UCU branches have been asked to follow up on changes to TPS with employers as it is unclear how employers will react to the increases they now face.
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30 November 2018
UCU briefing on the valuation of TPS and the consequential improvements to benefits for those in the career average section of the scheme.
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15 November 2018
With TPS changes potentially costing colleges and universities nearly £300 million in additional costs, UCU has called on the government to confirm that they will…
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