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LGPS Pension Modeller Help
Comments
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"Academy staff may not be in the LGPS but in a teacher's scheme. "
Teachers are in the TPS.
Some principals and or head teachers are not in the TPS but the LGPS as they do more admin than teaching.
So an academy principal is an admin role and will revert back onto the local council tax payer. As would the HR and Payroll staff etc etc.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
"including the headteacher"
Not always, I have come across head teacher records in the LGPS.
Also some head teachers have tried and switch between TPS and LGPS based on the old accrual rates, (80ths to 60ths), not always successfully.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
Not always, I have come across head teacher records in the LGPS.
If someone is eligible for the TPS, then they are ineligible for the LGPS - it's in the Regs. Especially with the academies you can get people with titles like 'executive headteacher' however who aren't really headteachers in a traditional sense, and so aren't eligible for the TPS.
That said, I agree with your original assertion that the current version of the LGPS won't be for the long term, just disagree with the notion that academies are a direct reason for that. Where the academy chains can make a negative difference is not in paying top figures more but in outsourcing and rationalising support functions at a greater pace than LA maintained schools, since that erodes the membership base (if not immediately, given Fair Deal) and contributes to the 'maturing' of the scheme, i.e. where the proportion of actives to deferreds and pensioners falls and investment strategies have to become more conservative as a result.0
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