Lower paid teachers to be protected from pension contributions increase

Posted by
Wednesday, November 21st, 2012
Teachers on lower rates of salary would be protected from further increases in pension contributions under plans proposed by Education Minister John O’Dowd. The plans are contained in a consultation document published today outlining proposed changes to pension contribution rates for teachers from April 2013. Mr O’Dowd said, “I remain strongly opposed to the British Government’s policy of increasing employee pension contributions to address the structural deficit. I do not believe that public sector pensions should be a means by which the British Government can increase its revenue. “The British Government has made it clear that if the devolved administration does not implement the increase in pension contributions they will reduce the amount of money in the block grant by around £4.6 million per month during 2013-14. “Clearly this would result in a significant detrimental impact on the delivery of education and other front-line public services. The Executive has therefore committed to the principle of delivering the targeted level of savings to the cost of public sector pension schemes. O’Dowd continued, “The Executive is committed to engaging with trades unions to consider a graduated approach which would protect those at the lower end of the pay scale by seeking an increased contribution from those on higher salary within the public sector. “My Department is now consulting on proposals which at the very least would guarantee that teachers earning less than £26,000 will see no further increase beyond that applied in April 2012. This provides greater protection for the lower paid. “Last April I decided to increase contribution rates in line with those in Scotland and in England and Wales to ensure that no teacher here pays more than their counterparts in the other teachers’ schemes. He added, “As I did last year, I am asking key stakeholders to consider proposals that there should be no increase in the contribution rate for teachers earning less than £32,000 a year. I have also included a proposal that teachers earning less than £32,000 a year should revert to the 2011-12 rate of 6.4%. “I am also prepared to consider any alternative proposals that the teacher unions or other stakeholders may bring forward. “I remain keen to engage with the teacher unions on these proposals which I believe represent a potential way forward, given the parameters within which the Executive is required to operate.”
Both comments and pings are currently closed.

Comments are closed


This website does not share personal information with third parties nor do we store any information about your visit other than to analyze and optimize your content and reading experience through the use of cookies. You can turn off the use of cookies at anytime by changing your specific browser settings.

We are not responsible for republished content from this blog on other blogs or websites without our permission. This privacy policy is subject to change without notice and was last updated on 16/01/2017. If you have any questions feel free to contact Newry Times by emailing editor@newrytimes.com

Log in