Higher Education: Pensions

(asked on 23rd July 2019) - View Source

Question to the Department for Education:

To ask the Secretary of State for Education, what assessment he has made of the effect on jobs of the decision not to support higher education institutions with increased pension costs (a) at Portsmouth University and (b) in the UK.


This question was answered on 8th August 2019

In April 2019, the department published its response following the public consultation on funding increases to teachers’ pensions employer contributions for all Teacher Pension Scheme employers in England. All representations made by stakeholders, including the concerns raised by the University of Portsmouth, were considered, alongside all evidence relevant to the issues involved. This included the impact on redundancies, recruitment and retention. Details of this analysis can be found in figure 5 on page 14 of the government response, which can be found here: https://www.gov.uk/government/consultations/funding-increases-to-teachers-pensions-employer-contributions.

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