We’ve been keeping you up to date with news as we receive it on the Valuation carried out by the Government Actuary’s Department, in our Employer Bulletin each month.

The Teachers’ Pensions Scheme valuation report has now been published and is available to view on our website (This link opens in a new window).

The report has confirmed that the contribution rates will increase to 23.68% of contributory pay with effect from 1 September 2019 (this includes the administration levy of 0.08%). There is no change to the overall member contribution rate, or the tiered contribution structure.

There are also FAQs on the website that you may find useful.