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Teachers’ Pension Scheme

Three individual Teachers’ Pensions Schemes current operate in the UK.

These are:

In UK HEIs the majority of individual members are academic staff who work in the post-92 universities and HE colleges.

They are unfunded statutory defined benefit schemes and are “one of the most important and valuable benefits available to teachers”. They not only provide a lump sum and regular income after retirement but also provide family or other dependants with financial protection in the event of a member’s death. Benefits at all 3 schemes are index-linked under the Pensions Increase Act.

For more details on each of the schemes, use the links above.