Скачать или смотреть What’s the career average scheme? | Teachers' Pension Scheme

From 1 April 2022, all active members will build up benefits in the Career Average Scheme.

This video is designed to help you understand this new Defined Benefit Scheme, how it's calculated, and how it differs from the previous Final Salary Scheme.

The Career Average Scheme is based on your service and salary, not unpredictable investments. For each year you work and remain an active member, 1/57th of your pensionable earnings will be added to your career average pension. This includes your regular salary plus any overtime.

We also discuss the options available to increase your pension benefits, known as flexibilities, and when you can take your pension. Remember, your Normal Pension Age is the same as your state pension age or age 65, whichever is higher.

For more detailed information about the Career Average Scheme, additional resources, and videos, please visit our website: https://www.teacherspensions.co.uk/me...

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