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Funding increases to teachers’ pensions employer contributions - response to the consultation

16 April 2019      Caroline Jones, Employment tax director

The response to the consultation on funding increases to teachers’ pensions employer contributions has been published.

On 15 January 2019, the Department for Education launched a consultation on the proposal to support certain education institutions with the increase in employer contributions to the Teachers’ Pension Scheme (TPS) in Financial Year (FY) 2019-20. It has now published its response to the consultation and has considered; concerns about existing budgetary pressures caused by factors such as demographic changes, institutions that may currently be facing financial sustainability challenges and the tuition fee cap.

The Department has announced that it will not fund Universities (and other organisations providing HE) obliged to offer TPS at this stage or take any mitigating actions against the risks identified in the consultation.



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