Please be advised that factors are subject to change. Teachers' Pensions will use the factor that is in effect at the date of our final calculation, which may lead to differences between the final calculation and estimates and quotes based on older factors that have been superseded at the time of calculation.
The latest factors for all calculations are provided in an Excel document – Latest Scheme Factors. These factors are based on a discount rate of 2.4%.
The scheme actuary is in the process of providing updated guidance and examples using the latest factors. We’ll add this as and when we receive it, while also providing the link to the old guidance for those factor sets for which we have yet to receive an update. Please note that for those factor sets for which only the old guidance is available old factors are used.
We have updated guidance and examples, using the latest factors, for the following sets:
For more information on Club Transfers please visit the website below:
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