Teachers, lecturers and their employers are being asked for their views on various options for changes to their pension scheme. The consultation has been launched by the Department for Education and Skills as part of a review of the Teachers’ Pensions Scheme (TPS) being carried out to identify ways in which it could be modernised.The aim of the review is to find ways to give teachers and lecturers greater choice and flexibility in the way they plan and save for retirement, and to ensure the long-term affordability of the scheme.
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