TEACHERS’ PENSION SCHEMES 2015/12

The purpose of circular 2015/12 is to provide clarification on: Contribution rates and tiers for members joining and leaving the scheme CARE members who have additional contracts Cash conservation Employee and employer contributions payable whilst a member is on sick…

Pensions News – Have your Say

The Scottish Public Pensions Agency (SPPA) has opened three consultations on areas of pension reform.  They run until 4th January 2015 and can be found using the links below. Consultation on The Teachers’ Pension Scheme (Amendment) (Scotland) Regulations 2014 The…

Survey on Pensions

The Association is inviting members who will be directly affected by the proposed pension changes to take part in a survey to establish what their views are.  Teachers born on or after 1 April 1962 will be affected by the…

Increase in Employee Pension Contributions

As from April 1st 2013 the following increases to employee pension contributions will apply. Full Time Equivalentpensionable pay Contribution rate 2012/13 Contribution rate 2013/14 Contribution rateincrease against 2012/13 Up to £14,999 6.4% 6.4% 0% £15,000 to £25,999 7.0% 7.0% 0%…