Leading On - A Complete Guide to Your Teachers' Pension Scheme

This webinar will explain the nuts and bolts of the Teachers’ Pension Scheme (TPS), and how it works for you. You will achieve an understanding in clear, unambiguous language, of how the money you pay in builds up benefits to provide for a guaranteed income in retirement. You will get an idea of how to max it out alongside some of benefits you may not know you have, whilst being wary of potential tax implications. We will unpick the complexities of the Transition Remedy (McCloud Judgement), as well as what the future may hold in planning for the best possible retirement scenario.

The TPS is a benefit many colleagues almost take for granted. Yet, it is a cornerstone of the reward package within the profession. Members pay in a considerable percentage of their salary into the scheme with employers paying even more. But there is no pot of money, so where does it go, how can we max out its benefits, and how does it all work especially in the light of the Transition Remedy (McCloud).
Many colleagues are so busy running schools that understanding their pension and how it works is pushed to the backburner. In truth, looking after themselves and their future security ends up low on the totem pole.

Let’s fix that and put our own oxygens masks on first.

*PLEASE NOTE: This is a prerecorded session and available for purchasing resources only*
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Jacques Szemalikowski

Conditions of Employment Specialist: Pensions

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Graham Crossley

Industry expert - public sector pensions

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Participants will:

  1. Understand how the TPS works, including its complementary benefits.
  2. Understand how to max out their pension.
  3. Get a clear understanding of the Transition (McCloud) Remedy.

  • Executive Head, CEO, Headteacher/Principal 
  • Deputy Head/Vice Principal 
  • Assistant Head/Assistant Principal  
  • Aspiring leaders 
  • Middle leaders/HODs/Subject Specialists