Sponsored

Best Practice

The Teachers’ Pension Scheme: What early career teachers need to know

What do early career teachers need to know about the Teachers' Pension Scheme and financial planning as they set out on their teaching careers? Specialist financial adviser Becky Muller offers a useful overview and insights for ECTs
Generous: The minimum employer contribution under pension auto-enrolment is currently set at 3% – but the Teachers’ Pension Scheme offers 28.68% - Adobe Stock

Starting your first teaching job can be both exciting and daunting and there is much to get to grips with when transitioning from the training process to being a full-time classroom teacher.

As you embark on your teaching career and navigate your first couple of years in the profession, there are some important things to be aware of from a financial planning point of view to help you to better prepare for your future.

 

The Teachers’ Pension Scheme (TPS)

You will likely already be familiar with the TPS. Understandably, thinking about the end of your career at a time when you are only just getting started may not be top priority right now.

Register now, read forever

Thank you for visiting SecEd and reading some of our content for professionals in secondary education. Register now for free to get unlimited access to all content.

What's included:

  • Unlimited access to news, best practice articles and podcast

  • New content and e-bulletins delivered straight to your inbox every Monday and Thursday

Register

Already have an account? Sign in here