Teachers: Pensions

(asked on 2nd December 2024) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what recent discussions her Department has had with the Teachers Pension Scheme on delays in providing Remediable Service Statements to retired teachers.


Answered by
Catherine McKinnell Portrait
Catherine McKinnell
Minister of State (Education)
This question was answered on 10th December 2024

Delays have been encountered with the approach to calculating the remediable service statement (RSS) values for retired members of the Teachers’ Pension Scheme whilst cross-scheme issues were resolved.

130,000 retired teachers require a rectification RSS. The scheme administrator estimates that approximately 100,000 will be issued by 31 March 2025.

Whilst the delays have been out of the scheme administrator’s control, the department continues to have daily discussions about reducing the timescales for the RSSs that will not have been issued by then, focusing on operations, resources, processes and IT. Progress is also discussed with the administrator, Teachers’ Pensions, at dedicated weekly and monthly meetings.

Whilst the department is working to ensure that all RSSs are issued as soon as practically possible, the department would like to reassure that any adjustment to pension that is in payment as a result of the member’s choice will be inclusive of interest.

Reticulating Splines