Teachers may take part in a mass walk-out over government demands they increase pensions contributions.
Members of the Association of Teachers and Lecturers (ATL) are "outraged" teachers must pay a 3.4% increase in pension contributions by 2014. They say the government should have waited until the outcome of an independent report by Lord Hutton into public sector pensions, and should reassess the value of the Teachers' Pension Scheme (TPS) before making any changes. Hutton's interim report in October said civil servants' pensions were unfair, and suggested increasing contributions and a move away from final salary schemes as the best reforms. His report on public sector pensions is due...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes