Menu
17/09/2004
Teachers and lecturers to get input into new pension plan
Teachers and lecturers have been asked to submit their views on a proposed reform of the Teachers' Pension Scheme.
The Department of Education and Skills launched the consultation paper today which will examine options such as the ability to pay additional contributions and draw some of the pension while working part-time.
The scheme is currently being reviewed to allow teachers and lecturers more choice in how they prepare financially for retirement.
School Standards Minister David Miliband said:"We are looking to make changes in a way that finds the right balance between ensuring the long term viability of the scheme and providing increased choice and flexibility over the ways in which teachers can plan ahead for retirement."
(mmcg/mb)
The Department of Education and Skills launched the consultation paper today which will examine options such as the ability to pay additional contributions and draw some of the pension while working part-time.
The scheme is currently being reviewed to allow teachers and lecturers more choice in how they prepare financially for retirement.
School Standards Minister David Miliband said:"We are looking to make changes in a way that finds the right balance between ensuring the long term viability of the scheme and providing increased choice and flexibility over the ways in which teachers can plan ahead for retirement."
(mmcg/mb)
Related UK National News Stories
Click here for the latest headlines.
25 September 2003
Rise in degree qualified teachers: survey
More secondary school teachers have degrees and more lessons are taught by teachers with degrees in that subject, according to the results of a new survey.
Rise in degree qualified teachers: survey
More secondary school teachers have degrees and more lessons are taught by teachers with degrees in that subject, according to the results of a new survey.
22 November 2006
ITV pensions plan sparks union strike threat
Unions are threatening to take industrial action at ITV over proposals to close the company's final salaries pension scheme. The three main ITV unions, Bectu, NUJ, and Amicus have promised to call a strike ballot if ITV closes its final salary pension scheme and transfer staff to a less generous "career average" scheme.
ITV pensions plan sparks union strike threat
Unions are threatening to take industrial action at ITV over proposals to close the company's final salaries pension scheme. The three main ITV unions, Bectu, NUJ, and Amicus have promised to call a strike ballot if ITV closes its final salary pension scheme and transfer staff to a less generous "career average" scheme.
25 January 2010
Calls For Longer Working Life
Employees should be offered greater flexibility if they decide to work past retirement age, a Equality Commission reports has said. Under a raft of proposals, the Commission called for the abolition of the default retirement age.
Calls For Longer Working Life
Employees should be offered greater flexibility if they decide to work past retirement age, a Equality Commission reports has said. Under a raft of proposals, the Commission called for the abolition of the default retirement age.
08 December 2011
Gov Attempt To Resuscitate NHS Pension Deal
The Government is to put forward a revised pension deal for NHS workers that could see the lowest paid taken out of the higher contributions. Nurses on low professional pay grades along with health staff earning under £26,500 will be protected from the rise, the Department of Health is expected to say.
Gov Attempt To Resuscitate NHS Pension Deal
The Government is to put forward a revised pension deal for NHS workers that could see the lowest paid taken out of the higher contributions. Nurses on low professional pay grades along with health staff earning under £26,500 will be protected from the rise, the Department of Health is expected to say.
06 July 2011
Radical Pension Changes To Affect Local Businesses
Private sector employers need to take action now to prepare for a significant overhaul of employee pension provision or face playing catch up on one of the biggest issues to impact the business community for decades, according to a leading UK pension’s expert.
Radical Pension Changes To Affect Local Businesses
Private sector employers need to take action now to prepare for a significant overhaul of employee pension provision or face playing catch up on one of the biggest issues to impact the business community for decades, according to a leading UK pension’s expert.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
