Civil servant pensions to benefit teachers

9th February 2001 at 00:00
TEACHERS can expect a significant boost to their retirement funds following a review of the Civil Service pensions scheme.

The Department for Education and Employment confirmed this week that the teachers' pension scheme would benefit from improvements to civil servants' pensions.

New benefits for civil servants include pension increases of up to 33 per cent, survivors' pensions for single-sex and unmarried partners and the chance to opt for additional pension rather than a tax-free cash lump sum.

The increase is being achieved by a different method of calculating benefits ad civil servants will now pay an extra 2 per cent of their salary towards pensions. Those who do not wish to contribute more can remain in the current scheme.

A DFEE spokesman said: "No decision has yet been made on whether teachers will face increased contributions as a result. Discussions are continuing with the teachers' unions."

Pensions experts predict that many teachers will be prepared to pay extra for better benefits. Alan Walles, chief pensions officer from the National Union of Teachers, said: "We certainly want teachers to reap the benefits of this change."

Subscribe to get access to the content on this page.

If you are already a Tes/ Tes Scotland subscriber please log in with your username or email address to get full access to our back issues, CPD library and membership plus page.

Not a subscriber? Find out more about our subscription offers.
Subscribe now
Existing subscriber?
Enter subscription number


The guide by your side – ensuring you are always up to date with the latest in education.

Get Tes magazine online and delivered to your door. Stay up to date with the latest research, teacher innovation and insight, plus classroom tips and techniques with a Tes magazine subscription.
With a Tes magazine subscription you get exclusive access to our CPD library. Including our New Teachers’ special for NQTS, Ed Tech, How to Get a Job, Trip Planner, Ed Biz Special and all Tes back issues.

Subscribe now