Schools Law Brief

STOP PRESS

Teachers' Pensions Scheme - Consultation on Phased Withdrawal

The Department for Education announced on 9 September 2019 that it is now consulting on a proposal to amend the Teachers' Pension Scheme (TPS) rules to enable independent schools to withdraw from the TPS on a phased basis.

Under phased withdrawal, schools will be able to opt out of the TPS in respect of new staff, whilst allowing existing staff to remain as active members.

The consultation closes on 3 November 2019.

What Are the Main Proposals?

Whilst existing members of the TPS would be able to remain in the TPS, schools could make an alternative pension scheme available...

Barney Northover
bnorthover@vwv.co.uk
0117 314 5395

Use Policy Tracker on My OnStream to help you manage TPS documentation

Share, track and record that staff have read and accepted key documents.

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