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1002480
star this property registered interest false more like this
star this property date less than 2018-11-06more like thismore than 2018-11-06
star this property answering body
Department for Education more like this
star this property answering dept id 60 more like this
star this property answering dept short name Education more like this
star this property answering dept sort name Education more like this
star this property hansard heading Higher Education: Pensions remove filter
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what level of funding they intend to make available to higher education institutions to mitigate the impact of changes to employer contributions on the Teachers’ Pension Scheme. more like this
star this property tabling member printed
Baroness Garden of Frognal more like this
star this property uin HL11321 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-11-15more like thismore than 2018-11-15
unstar this property answer text <p>​The department will be consulting on the impact that these costs will impose on all institutions covered by the Teachers’ Pension Scheme, including those in the higher education (HE) sector, and will decide what action should be taken.</p><p>At present, the department proposes to provide funding to schools, including state-funded, non-maintained special schools and independent special schools to cover increased pensions costs to ensure that funding is allocated where it is most needed.</p><p>​This includes proposed funding for those further education (FE) providers obliged to offer the Teachers’ Pension Scheme, consisting of general FE colleges, sixth form colleges, designated institutions (including the new designated institutions that form part of HE institution group structures), specialist post-16 institutions and adult &amp; community learning providers (local authority provision).</p> more like this
star this property answering member printed Viscount Younger of Leckie more like this
star this property question first answered
less than 2018-11-15T16:17:49.297Zmore like thismore than 2018-11-15T16:17:49.297Z
star this property answering member
4169
star this property label Biography information for Viscount Younger of Leckie more like this
star this property tabling member
3842
unstar this property label Biography information for Baroness Garden of Frognal more like this
1002481
star this property registered interest false more like this
star this property date less than 2018-11-06more like thismore than 2018-11-06
star this property answering body
Department for Education more like this
star this property answering dept id 60 more like this
star this property answering dept short name Education more like this
star this property answering dept sort name Education more like this
star this property hansard heading Higher Education: Pensions remove filter
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether they anticipate an increase in employer contributions for higher education institutions on the Teachers’ Pension Scheme following changes to actuarial valuations in 2019–20; and if so, what estimate they have made of the amount such an increase will represent. more like this
star this property tabling member printed
Baroness Garden of Frognal more like this
star this property uin HL11322 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-11-15more like thismore than 2018-11-15
unstar this property answer text <p>For the financial year 2019-20, the changes will be implemented from 1 September 2019 for which the department estimates that £1.1 billion more will need to be put into the Teachers’ Pension Scheme by employers to ensure teachers’ pensions remain generous and attractive to the profession. Of the estimated £1.1 billion, affected higher education institutions are expected to put in £80 million.</p> more like this
star this property answering member printed Viscount Younger of Leckie more like this
star this property question first answered
less than 2018-11-15T15:27:34.927Zmore like thismore than 2018-11-15T15:27:34.927Z
star this property answering member
4169
star this property label Biography information for Viscount Younger of Leckie more like this
star this property tabling member
3842
unstar this property label Biography information for Baroness Garden of Frognal more like this
1002478
star this property registered interest false more like this
star this property date less than 2018-11-06more like thismore than 2018-11-06
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Higher Education: Pensions remove filter
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government what plans, if any, they have to provide an estimate of the cumulative financial impact on the higher education sector as a result of the actuarial valuation changes to the (1) Teachers' Pension Scheme, (2) Local Government Pension Scheme, and (3) NHS Pension Scheme. more like this
star this property tabling member printed
Baroness Garden of Frognal more like this
star this property uin HL11319 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-11-19more like thismore than 2018-11-19
unstar this property answer text <p>The quadrennial valuations of public service pension schemes are ongoing. Precise financial impacts will not be known until the valuations are finalised.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-11-19T16:25:21.16Zmore like thismore than 2018-11-19T16:25:21.16Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
3842
unstar this property label Biography information for Baroness Garden of Frognal more like this
1002479
star this property registered interest false more like this
star this property date less than 2018-11-06more like thismore than 2018-11-06
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
star this property answering dept sort name Treasury more like this
star this property hansard heading Higher Education: Pensions remove filter
unstar this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty's Government whether they intend to delay the changes to actuarial valuations for higher education public service pension schemes until the outcomes are known of (1) the Augar Review of post-18 education and funding, and (2) the Office for National Statistics review of the treatment of student loans in the Public Sector Finances. more like this
star this property tabling member printed
Baroness Garden of Frognal more like this
star this property uin HL11320 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2018-11-20more like thismore than 2018-11-20
unstar this property answer text <p>The quadrennial valuations of public service pension schemes are ongoing. Changes arising from these valuations are due to take effect in 2019. The process is set down in primary and secondary legislation and we are committed to following it.</p> more like this
star this property answering member printed Lord Bates more like this
star this property question first answered
less than 2018-11-20T12:48:40.85Zmore like thismore than 2018-11-20T12:48:40.85Z
star this property answering member
1091
star this property label Biography information for Lord Bates more like this
star this property tabling member
3842
unstar this property label Biography information for Baroness Garden of Frognal more like this