Negotiations on changes to the Teachers’ Pension Scheme

As this e-petition has received more than 10 000 signatures, the relevant Government department have provided the following response:

The government has been involved in extensive negotiations with unions across the public sector and on a scheme by scheme basis. Following detailed negotiations each scheme published its Proposed Final Agreement (PFA) on 9 March 2012. The PFAs set out the core parameters within which each public service pension scheme would operate and the unions agreed to take these to their executives. The reformed TPS will provide a pension scheme which guarantees teachers one of the best pensions available but keeps a firm lid on rising costs for future generations.

While it is recognised that not all unions have accepted a reformed scheme policy, a sufficient number of unions from across the public sector have signed up to the PFAs. Negotiations on scheme design are now closed and will not be re-opened. Government departments are however committed to discussing, with all unions and employer representatives, details for implementation of the scheme design.

The government has been involved in extensive negotiations with unions across the public sector and on a scheme by scheme basis. Following detailed negotiations each scheme published its Proposed Final Agreement (PFA) on 9 March 2012. The PFAs set out the core parameters within which each public service pension scheme would operate and the unions agreed to take these to their executives. The reformed TPS will provide a pension scheme which guarantees teachers one of the best pensions available but keeps a firm lid on rising costs for future generations.

While it is recognised that not all unions have accepted a reformed scheme policy, a sufficient number of unions from across the public sector have signed up to the PFAs. Negotiations on scheme design are now closed and will not be re-opened. Government departments are however committed to discussing, with all unions and employer representatives, details for implementation of the scheme design.

This e-petition remains open to signatures and will be considered for debate by the Backbench Business Committee should it pass the 100 000 signature threshold.