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<p>It is the responsibility of individual employers within the further education sector
to set the salaries of their staff. For the period of 2019 to 2020, we estimate that
£80 million more will need to be put into the Teacher Pensions Scheme by further education
employers as a result of the recent revaluation.</p><p>Our intention is to fund general
further education colleges and sixth form colleges, specialist designated institutions
and adult and community learning providers for the increased costs resulting from
the changes to the valuation of the Teachers’ Pension Scheme.</p><p>We will undertake
a public consultation to make sure that we are allocating funding to where it is most
needed. We expect to launch the consultation in December, with a response in January
2019. As the Local Government Pensions Scheme is due to be revalued in 2019, we are
therefore unable to make estimates about employer costs until that valuation is completed.</p><p>
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