Factors and guidance

This section has been created so you can easily access all information required regarding the various factors used within the Teachers' Pension Scheme.

Factors are subject to review and change over time.

Latest Scheme Factors and guidance

The scheme actuary is in the process of providing updated scheme factors, guidance and examples as part of the current actuarial valuation cycle.

Teachers' Pensions will use the factor that’s in effect at the date of our final calculation, which may lead to differences between the final calculation and estimates and quotes if they were based on superseded factors.

As updated factors, guidance and examples are received from the scheme actuary, these will be added below.

The most recent set of scheme factors are provided in an Excel document – Latest Scheme Factors (This link opens in a new window).

When scheme factors are being updated, some factors may not reflect the latest factors in use or as below because the spreadsheet is typically updated in bulk once the whole set of scheme factors have been reviewed.





Club Transfers

For more information on Club Transfers please visit the website below:


Actuarial valuation


See how members pensions are built and explore the available options.



How to administer the scheme.



Find the answers with our range of Frequently Asked Questions.