Teachers: Pensions

Department for Education written question – answered on 13th February 2019.

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Photo of Paula Sherriff Paula Sherriff Shadow Minister (Mental Health and Social Care), Shadow Minister (Mental Health)

To ask the Secretary of State for Education, whether he plans to provide additional financial support to universities to cover the increase in employer contributions to the Teachers' Pension Scheme in (a) 2019-20 and (b) future financial years.

Photo of Nick Gibb Nick Gibb Minister of State (Education)

The Department ran a public consultation which closed on 12 February 2019 to gather evidence on the impact of increased contributions to the Teachers' Pension Scheme (TPS) for all TPS employers, including universities. Final decisions on funding will be taken once the consultation responses have been reviewed. All funding decisions for 2020/21 onwards will be decided as part of the forthcoming Spending Review.

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