Teachers: Workplace Pensions
(asked on 26th January 2026) - View Source
Question to the Department for Education:
To ask His Majesty's Government how much in total was paid to the Teachers' Pension Scheme by (1) teachers, and (2) employers, in 2024.
This question was answered on 9th February 2026
A total of £2.921 billion was paid by members into the Teachers’ Pension Scheme in the 2024/25 financial year, and £8.866 billion was paid by employers over the same period.
In the 2024/25 financial year, £10.253 billion was paid to retired members of the Teachers’ Pension Scheme.
The Teachers’ Pension Scheme does not produce long‑term forecasts beyond its normal planning horizon. Estimates for 2040 and 2050 are therefore not available.