Teachers' pension grant: what you need to know

The teachers' pension employer contribution rate increases from 1 April 2024. Find out about the extra funding to help you cover the cost.

Last reviewed on 13 March 2024See updates
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Contents
  1. What is it?
  2. Who's eligible?
  3. How is it paid?
  4. When is it paid?
  5. How much will we receive?

This article is based on the teachers’ pension employer contribution grant 2024 for schools, high needs settings and local authorities: 2024 to 2025.

What is it?

From 1 April 2024, the employer contribution rate for the Teachers' Pension Scheme will be 28.6%.

This is an increase from the previous rate of 23.6%.

The teachers' pension employer contribution grant (TPECG) is how the government provides the additional funding to cover the increase.

Who's eligible?

Mainstream schools

High needs settings

How is it paid?

High needs settings NMSS will be paid the grant directly. All other schools will be receive the grant

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