Overdue Annual Returns

Despite the deadline of 6 July 2015 having now passed, there still remain a substantial number of employers who have still not returned their Annual Return. To put it into perspective 1208 of 6915 employers have not provided a return which means we don’t have up-to-date service history for over 176,037 members.

We really would encourage you to submit your return to us. With the changes from April 2015, it’s a very important year for both yourself and us to ensure member service history is up to date and that they have been placed in the correct scheme arrangement.

If this information is not provided it will have an impact on what can be provided to members. In accordance with legislative requirements Teachers’ Pensions is required to:

  • Provide members with accurate information regarding their pension benefits;
  • Inform individuals of their pension forecasts;
  • Enable effective pension planning; and
  • Ensure service records are accurate to allow for the correct calculation of pension benefits in the future.

The information also allows the Scheme to provide affected members with a Pensions Savings Statement for annual allowance self-assessment. Any potential tax liability for these members will not be able to be assessed if service and salary details are not provided.

Employers who fail to meet their responsibilities – as set out under the Teachers’ Pension Scheme Regulations 2014 – may be reported to the Pensions Regulator, who may choose to impose sanctions on the employer. If you need support completing your Annual Return our website is a great resource. Please visit www.teacherspensions.co.uk/annualreturn.

Last Updated: 29/08/2018 13:02