Transitional Protection – what to expect from 1 April 2022

It’s only six months until the Teachers’ Pension Scheme will see some changes introduced.

From 1 April 2022, these changes will include:

  • The last day of service in the final salary scheme will be 31 March 2022
  • All members will be in the career average scheme from 1 April 2022
  • The salary link will still apply for those with service in the final salary scheme (unless you have a break of more than five years)
  • All service will be built up in the career average scheme and you’ll have the opportunity to enhance your pension through pension flexibilities
  • All overtime will be pensionable from 1 April 2022
  • Once moved to the career average scheme, you’ll have a normal pension age of either your state pension age or age 65, whichever is the later date
  • All teaching employment contracts will be pensionable in the Teachers’ Pension Scheme – if you had an additional part-time position (on top of a full-time position) you can have both contracts in the Scheme. The part-time position is no longer pensionable in the Local Government Pension Scheme because it will be eligible in the Teachers’ Pension Scheme.

If you’re planning to retire before 1 April 2022 please retire as normal, as the choice for the remedy period service will be provided retrospectively. The remedy period is the period of service affected, which is between 1 April 2015 and 31 March 2022.

At this time, we can’t provide you with specific details on your individual circumstances as we’re still awaiting government legislation to be finalised and put in place. We’ll continue to share information as and when we know it to ensure you’re kept up to date.

To help you further understand if you’re affected by the changes, you can follow our simple flowchart.

Last Updated: 04/10/2021 09:25