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answer › answer text	%3Cp%3EFor the financial year 2019-20, the changes will be implemented from 1 September 2019 for which the department estimates that %C2%A31.1 billion more will need to be put into the Teachers%E2%80%99 Pension Scheme by employers to ensure teachers%E2%80%99 pensions remain generous and attractive to the profession. Of the estimated %C2%A31.1 billion, affected higher education institutions are expected to put in %C2%A380 million.%3C/p%3E
min date	2018-11-02
hansard heading	Higher Education: Pensions

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registered interest

date

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answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member printed

question first answered

answering member


label

tabling member


label

1002481

registered interest

date

06/11/2018

answering body

Department for Education

answering dept id

answering dept short name

Education

answering dept sort name

Education

hansard heading

Higher Education: Pensions

house id

legislature

25277

pref label	House of Lords

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.

tabling member printed

Baroness Garden of Frognal

uin

HL11322

answer

is ministerial correction

date of answer

15/11/2018

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>

answering member printed

Viscount Younger of Leckie

question first answered

15/11/2018 15:27:34

answering member

4169

label	Biography information for Viscount Younger of Leckie

tabling member

3842

label	Biography information for Baroness Garden of Frognal