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Changes to pensions: implications for schools

Ref: 11226
Last updated on 20 July 2016
School types: All · School phases: All
In-depth article
How do changes to pensions affect school budgets? This article looks at changes to pensions from April 2016, and the financial implications for schools. It also looks at the changes to public sector pensions from 2019-20, announced in the 2016 budget.

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Contents

  1. 1 Abolition of contracting out for salary-related schemes
  2. 2 National Insurance contributions have increased
  3. 3 Is there extra funding to cover additional costs?
  4. 4 Are maintained schools and academies affected?
  5. 5 Changes to employer contributions to public sector pensions

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