Teachers pension scheme withdrawal confusion

tinyfeetbiggob

I'm a member of the TPS due to increased employer contributions the independent school I Work at is planning on withdrawing from the scheme. Does anyone have any advice about what I should do with my pension or what (perhaps more importantly)I Should avoid doing? looking at a good 30ish years of working left

thanks

zagubov

tinyfeetbiggob wrote: »

I'm a member of the TPS due to increased employer contributions the independent school I Work at is planning on withdrawing from the scheme. Does anyone have any advice about what I should do with my pension or what (perhaps more importantly)I Should avoid doing? looking at a good 30ish years of working left

thanks

There's already a very recent thread on this here:
https://forums.moneysavingexpert.com/discussion/comment/75571546#Comment_75571546

Might be worth a read.

xylophone

Your TPS pension will become deferred - you would only be permitted to transfer out to another defined benefit scheme.