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Teachers' PS - buying extra change in rates
OldBeanz
Posts: 1,438 Forumite
My son is in the Teachers' Pension Scheme and started buying extra pension in 2017. He has only now received a letter saying that the rate was changed in April last year and he needs to start paying £200pcm extra. He is happy that this is still good value for money but they have stated that the 10 previous months have to be paid for as well and this needs to be resolved through his pay authority. Coming up with a random £2000+ appears to be a tad ambitious. Given that it has taken them this long to sort the matter out what should he be negotiating with whoever he has to discuss this with? As he has another 3 years to pay towards the scheme, I thought his negotiations should be around him paying the extra off over this period.
Anyone been through this or have any thoughts?
Anyone been through this or have any thoughts?
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