A TPS ‘phased withdrawal’ will soon be an option

So what does phased withdrawal involve? One of the many frustrations that independent schools regularly express regarding the Teachers’ Pension Scheme (TPS) is the fact that it has not been possible to simply ‘...

Empty classroom

Independent Schools – serious issues to contend with, including staff pension costs

Is it 2021 yet? Without question, this year has so far exhibited all the signs of being the toughest ‘annus horribilis’ for generations – and with 8 full months remaining it is very hard to imagine that people ...

Leaving the teachers pension scheme

Teachers’ Pension Scheme – lessons learned in the first half of 2019

Since our last blog posting back in March, things have moved on considerably with regard to the participation of independent schools within the Teachers’ Pension Scheme (TPS). We have had meetings with a ...


Teachers’ Pension Scheme – to leave or not to leave?

We have recently had a number of interesting conversations with independent schools in light of the forthcoming (September 2019) 40% increase to employer contributions for the Teachers’ Pension Scheme (TPS). Ma...

Caucasian casual businessman is working on his desk.

Teachers’ Pension Scheme employer contribution increase – a step too far for the independent education sector?

Along with almost every school in the state sponsored ‘maintained’ sector, many independent schools also offer teaching staff membership of the Teachers’ Pension Scheme (TPS). The TPS is a government created (u...