Teachers' Pension

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Teaching Staff will be enrolled into the Teachers' Pension

  1. You receive a guaranteed pension through the Teachers’ Pension Scheme.
  2. You pay into your pension and so does your employer.
  3. It’s a Defined Benefit Scheme, registered with HM Revenue and Customs, based on your salary and service rather than investments – so there’ll be no nasty surprises when you come to claim your pension
  4. Your pension will be a regular source of income when you retire – but you can also take some of it as a tax-free lump sum
  5. You’ll join the Career Average arrangement and accrue benefits each year based on 1/57th of your Pensionable Salary including Overtime.