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Teachers' Pension Scheme Update
13 November 2020
TPS and Independent Schools - Phased Withdrawal Is Soon to Be a Reality
Readers will remember, the Department for Education (
DfE
) published its consultation proposal to amend the Teachers’ Pension Scheme (
TPS
) rules, enabling independent schools in England and Wales to opt out of TPS participation for future teaching staff, ring fencing on-going active participation to current teachers only.
That consultation began on 9 September 2019 and concluded on 3 November 2019. The Government has now published its response to phased withdrawal for independent schools confirming its intention to legislate for phased withdrawal, with a proposed implementation date of Spring 2021.
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Naseem Nabi
nnabi@vwv.co.uk
0117 314 5630
Immigration Essentials for Independent Schools
1 December, 10.00am - 1.00pm
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