The Teachers' Pension Scheme is changing to address the discrimination caused by the introduction of the reformed career average scheme in April 2015. This video is designed to help you understand if you're impacted by these changes.
We'll guide you through the specifics of the remedy period, which spans from 1st April 2015 to 31st March 2022, and explain who will be affected by these changes. It's important to note that some members won't be affected and won't need to take any action.
You won't be affected if you first joined the Teachers' Pension Scheme on or after 1st April 2012, had a break from the scheme of more than 5 years, have no pensionable service during the remedy period, or retired before 1st April 2015.
However, the changes will affect you if you were a member of the Teachers' Pension Scheme on or before 31st March 2012 and have pensionable service in the scheme on or after 1st April 2015.
For more detailed information about the changes to the Teachers' Pension Scheme, additional resources, and videos, please visit our website: www.teacherspe...
To make things easier we've also added a banner to your My Pension Online account which will tell you if you're affected based on the records we hold for you. Log in to My Pension Online and find out: www.teacherspe...
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