Oral Answers to Questions

Debate between Eleanor Smith and Chris Skidmore

Monday 11th March 2019 Commons Chamber

[Eleanor Smith (Wolverhampton South West) (Lab)]

9. What recent assessment he has made of the effect on universities of increased teachers’ pension scheme costs.

[The Minister for Universities, Science, Research and Innovation (Chris Skidmore)]

The Department’s public consultation to gather evidence on the impacts of increased contributions to the teachers’ pension scheme for all TPS employers, including universities, for 2019-20 closed on 12 February 2019. Final funding decisions will be made in due course when the consultation evidence has been reviewed.

[Eleanor Smith]

Modern universities across the country are deeply anxious about the upcoming charges to the teachers’ pension scheme, with one institution forecasting a 5% cut in staff members if the Government do not act. Will the Secretary of State urgently commit to supporting universities with these huge additional costs that have been earmarked for schools and colleges?

[Chris Skidmore]

The Department’s initial analysis of each sector—state schools, further education, higher education, and independent schools—suggested that state schools and further education colleges would be most affected by the increase in employer contributions, so prioritised funding has been made available for them on this basis. However, final funding decisions will be made when the consultation evidence has been reviewed.