Uncle Wally One Ball
Well-Known Member
Funny what happens when you lump judges into the mix innit? Im hoping for the best here as well. Some kind of compromise may result, it wont be back to square one Im sure. ( which it should be by the way)
PPS, whilst I’m happy for you that you are happy, the judges and firefighters have just fucked up the teachers’ new pension scheme, which was an excellent scheme, cheers.
PPS, whilst I’m happy for you that you are happy, the judges and firefighters have just fucked up the teachers’ new pension scheme, which was an excellent scheme, cheers.
The new pension scheme for teachers is much better than the final salary scheme, and that’s coming from someone who voted for strike action against its introduction.Better than the predecessor?
40 years max, 50% of best of last three years salary plus a lump sum of 1.5 times?
Well the new Teachers’ Pension scheme has been running for just over four years. There was due to be a huge uplift in benefirpts from April 19 but that has now been put on indefinite hold until HMT have sorted out what will happen next. They can’t do that until the Employment Tribunal rules on the changes that need to made due to the Judges and FBU’s case against the government. The ruling isn’t expected for at least a year and then they’ll have to be a time whilst HMT come up with new proposals. Irate a fucking mess.How so?
I’m about to start paying into my teacher’s pension scheme and I know very little about the whole thing.
Hmmm let me think if there isn't enough money to fund public sector pensions at the current level I wonder who'll have to cover the shortfall.Unfortunately with this government for every winner there will be a loser somewhere!
Well the new Teachers’ Pension scheme has been running for just over four years. There was due to be a huge uplift in benefirpts from April 19 but that has now been put on indefinite hold until HMT have sorted out what will happen next. They can’t do that until the Employment Tribunal rules on the changes that need to made due to the Judges and FBU’s case against the government. The ruling isn’t expected for at least a year and then they’ll have to be a time whilst HMT come up with new proposals. Irate a fucking mess.
I would adivse that if you are a teacher you’d be a complete dick head not to be in the scheme, unless you’re loaded and losing your tax relief on pension contributions.
I disagree with you on the new scheme not being as good as the the final salary scheme.I have met plenty of people who opt out of similar, normally because either they want more money, are conspiracy theorists or just think they won't be around to claim it. It is still a no brainer in any public sector scheme like you say though, just not as good as it once was, e.g director gets a 50% pay rise for 3 months before retiring on final salary.
Well the new Teachers’ Pension scheme has been running for just over four years. There was due to be a huge uplift in benefirpts from April 19 but that has now been put on indefinite hold until HMT have sorted out what will happen next. They can’t do that until the Employment Tribunal rules on the changes that need to made due to the Judges and FBU’s case against the government. The ruling isn’t expected for at least a year and then they’ll have to be a time whilst HMT come up with new proposals. Irate a fucking mess.
I would adivse that if you are a teacher you’d be a complete dick head not to be in the scheme, unless you’re loaded and losing your tax relief on pension contributions.
No worries mate, if you want it explained in more detail to you send me a PM. You can transfer the council pension into your teacher’s pension if you want, but probably no one will mention it to you.I’ve paid 4 years into a pension scheme with the council for my educational role prior to this year, however it’s my first year in teaching and I will be opting to pay into my pension scheme from the off in September.
Thanks for the info.