Teachers' scheme gets £940m funding boost but universities miss out

James Phillips
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Government will cover increased contributions for schools but not universities
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Government will cover increased contributions for schools but not universities

The Teachers' Pension Scheme (TPS) will be given £940m of government funding in an aim to ensure it remains "among the most generous in the country".

Following a consultation, the Department for Education yesterday (11 April) announced it will fully cover the increase to pension contributions required from state-funded schools and colleges in 2019/20....

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