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ATL: Government has failed to value TPS

30/06/2011 Kelly
The Association of Teachers and Lecturers (ATL) has questioned how the government knows more money is required for teachers' pensions when it has not yet valued the scheme.

Dr Mary Bousted, the union's general secretary, commented: "How can it possibly know if the Teachers' Pension Scheme needs extra funding without this information, or whether pensions need to be changed to career average rather than final salary, or whether teachers and lecturers need to work until they are 68?"

She noted that although members regret any inconvenience caused to parents as a result of the industrial action today (June 30th), a one-day strike will have less impact on children than the consequences of making teaching an unattractive profession.

Dr Bousted added that if government proposals go ahead, the brightest graduates will no longer want to become teachers and lecturers.

Under government proposals, the average teacher would pay £1,145 extra per year towards their pension.

Posted by Katy Kearns
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