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Employers' Guide

Section 17 - National Insurance

1. Contracted out details

The TPS is accepted for the purposes of contracting-out of the State-Earnings Related Pension Scheme.

The following details may be useful:

• TPS Fund number 49/684;
• ECON number E3900002R; and
• SCON number S2730011H.

 

2. National Insurance position

TP have to notify the HMRC of members who leave contracted-out employment, and, within 48 weeks of their last day of employment, must pay a Contributions Equivalent Premium (CEP) to buy the teacher back into the state scheme for the period of teaching service.

 

Jump to section... Introduction Membership Appointments Absences Leavers Increasing Benefits Retirement Ill Health Calculating Benefit Abatement Death in Service TP Records Contributions Annual Return End of Year Cert. Form TR17A National Insurance Pension Sharing Employer Services Arrears Appendix 1 Appendix 2 Appendix 3 Appendix 4 Appendix 5 Appendix 6 Appendix 7 Appendix 8 Appendix 9 Glossary

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