New regulations covering premature retirement compensation for teachers have come into force from 1 April 2015.

The Teachers (Compensation for Redundancy and Premature Retirement) Regulations 2015 (SI 2015/601) can be found in the link below. 
http://www.legislation.gov.uk/uksi/2015/601/contents/made (This link opens in a new window)

The new regulations allow for premature retirement compensation in respect of benefits in the 2015 Career Average scheme and the existing 2010 scheme. The 2015 premature retirement regulations restructure and consolidate the previous regulations and amendments.

In addition, the new regulations remove the previous maximum period of effective service of 40 years. This reflects the higher Normal Pension Ages in the Career Average scheme and the increase in a person’s potential pensionable service.