Fis-edsolutions and Annal Nayyar – Teachers’ Pension Scheme (England & Wales) as published

This Estimate provides for the payments of pensions and lump sum benefits to persons covered by the

Teachers’ Pension Scheme (TPS). The rules of the scheme are contained in the teachers pension regulations

1997 (as amended). The scheme is an unfunded, contributory, public service occupational pension scheme and

applies mainly to teachers employed in schools in England and Wales and their dependants. Provision is made

for the refund of contributions to early leavers, and for the payment of and receipt of transfer payments in

respect of teachers moving out of and into employment covered by the scheme. The Estimate also includes the

increase payable in accordance with the Annual Review orders made under Section 59 of the Social Security

Pensions Act 1975 and Section 109 of the Pensions Schemes Act 1993.

Teachers’ Pension Scheme (England and Wales) Main Estimate

 

 

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