Teachers' pension scheme: independent schools proposal
We're seeking views about proposed changes to the participation of some independent schools in the teachers’ pension scheme.
This consultation is to gather views on the proposals to change the England and Wales teachers’ pension scheme rules to allow independent schools to opt out more flexibly.
Under current scheme rules, an independent school electing to opt out of the scheme results in all members becoming deferred.
The proposal would mean that independent schools who are electing to opt out of the teachers’ pension scheme for future teaching staff, can allow existing staff to remain as active members.
The consultation seeks views on the proposal and whether there are any alternative proposals to achieve the aims outlined in the consultation document.