The way Teachers pension deductions are calculated will change from 1 April 2015, when teachers’ pensions will be calculated on a career average basis and normal pension age will be linked to state pension age.
The way Teachers pension deductions are calculated will change from 1 April 2015, when teachers’ pensions will be calculated on a career average basis and normal pension age will be linked to state pension age.
The change will not apply to all members of the pension scheme, due to protections for those closest to retirement age. Further information please click here