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Types of retirement Planning retirement

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Application for Ill-health Retirement Benefits

WebIll-Health app ugust 2022 3.2 1. Part A: To be completed by the applicant or their representative in all cases. Please refer to ‘How to complete the Application Form’ for …

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How to apply Planning Retirement Teachers' Pensions

WebIf you’re planning to apply for retirement, the process for your application will be as follows: Teachers’ Pensions will acknowledge receipt of your application. Teachers’ Pensions will …

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Teachers’ Pension Scheme

WebTPS – Early retirement in normal health Factors and guidance Contents 1 Introduction 1 2 Early retirement with actuarial reduction – final salary sections 3 3 Examples – final …

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What you need to know before you retire

WebUnless you are granted Ill-health Retirement, the earliest age at which retirement benefits can be paid is. 55. The minimum pension age is changing from 6 April 2028, when it will …

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Sick leave Life Events Advising Members Teachers' Pensions

WebSick leave. Sick leave is pensionable, provided the member is receiving at least half their salary in respect of that employment. While the member is in pensionable …

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Ill-health Life events Working Life Teachers' Pensions

WebIll-health. If, during your teaching career, you become ill and are unable to work you can apply for Ill-health retirement. This allows you to access your pension benefits before …

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FAQs Teachers' Pensions

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Ill-Health Key changes Transitional Protection

WebAs part of the Transitional Protection changes some members may be eligible for Ill-health retirement assessment under both career average and final salary scheme …

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Ill-health retirement guide

WebThe member has an accrued pension of £5,000 per annum and an automatic lump sum of £15,000. The residual pension after converting pension to provide the maximum lump …

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Making my choices Transitional Protection

WebMaking my choices. You’ll have choices to make depending how you’re affected by Transitional Protection. From 1 October 2023, affected members will start receiving their …

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Your 2024/25 contribution bands

WebIn the year to September 2023 CPI was 6.7%. From 1 April 2024 the bands will be changed to reflect this. The rate your employer pays into the Scheme will also increase to 28.6% …

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Applying for retirement Forms Resources Teachers' Pensions

WebThinking about retiring? Here you’ll find online and downloadable forms for each type of retirement we offer. Please read our Planning retirement section to understand each …

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Ill-health Retirement appeals factsheet

WebApril 2024. Our procedure. If you’ve applied for Ill-health Retirement and subsequently had your application turned down, you have the right to make two appeals against any aspect …

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Returning to work Re-employment FAQs Teachers' Pensions

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Serious Ill-health Commutation, Ill-health Retirement or Death …

WebFor Spouse, Civil-Partner or Qualifying Partner. For Qualifying Children (per child) Serious Ill- health Commutation. £146,545.86 lump sum. £7,546.05 p.a. (This includes …

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