MODERNISATION OF THE TEACHERS' PENSION SCHEME (TPS):

A PROGRESS REPORT ”” JULY 2004

Over the last six months or so, a considerable amount of progress has been made on the review of the TPS. Many aspects of the Scheme have been examined by the Teachers' Pension Review Group (made up of representatives from DfES, the Government Actuary's Department, teacher unions and employer associations as well as opposite numbers covering the Scottish and Northern Ireland teachers' schemes). The TPRG have now reached the point where there is sufficient clarity about a number of options for moving forward to enable a progress report to be made available to Scheme members.

For the full text of the progress report a can be viewed at the TeacherNet website