Chatroom - Glasgow teachers' retirement deal
Posted by jonowen
How true is it that teachers of 55+ years are being offered a deal?
Posted by news2me
My LA has given retirement to someone who had only been working there for 18 months. The person was 50 and given up to 65 - yip, 15-year enhancement. They were also given a three-year lump sum (nice if you can get it) and the killer, they are back in a school in the LA doing supply. Is it me or is there something very, very wrong about that?
Posted by grunwald
I've a friend in that situation. Not sure if he got 15 years, though. He is semi-retired on almost a full teaching salary. He didn't plan it that way. I'd have thought that type of deal was rare. The person must be an expensive commodity. These arrangements always save the council.
Posted by bigjimmy
Just heard that 12 teachers from one Glasgow secondary have applied.
Posted by kibosh
It seems there are many ways the jobs are being swallowed by existing contracted staff . And very few ways jobs are being offered to the languishing supply teachers.
Posted by Flyonthewall75
If someone took up a post and joined the Scottish Teachers' Superannuation Scheme after April 1, 2007, their retiral age would be 65. If, after 18 months, they were made redundant, it is possible an employer would pay discretionary compensation.
Premature Retirement (caused by redundancy or reorganisation): If you are aged 50 or over (aged 55 if you entered the scheme after June 30, 2006) and your employer makes you redundant or you leave pensionable employment on the grounds of organisational efficiency, you may be granted premature retirement benefits. The payment of these unreduced benefits from the STSS is at the discretion of your employer. The premature retirement arrangements provide for two types of compensation payable by your employer:
- mandatory compensation - benefits (pension and lump sum) are split between the scheme and employer. Your employer must agree to pay this if an application for premature retirement benefits is to be accepted;
- discretionary compensation - your benefits may be increased by your employer to compensate that you have had to retire early. Whether to increase your benefits in this way is entirely at the discretion of your employer and is subject to certain limits (www.sppa.gov.ukscot_teachersretire.htm#pen4).
www.tes.co.ukscotland, then forums, then opinion.