Which pension scheme should your Executive Head join?

Published by Nilesh Shah on

TPS have warned that where an individual is incorrectly placed into membership of the Teachers’ Pensions Regulations (TPS), actions will be taken to remove them from the scheme with all contributions refunded.

As a result, Executive Head teachers are not eligible for the TPS where their role is primarily financial or administrative. Although, Executive Head Teachers may meet the criteria to join other public sector pension for instance the Government Pension Schemes (LGPS), this could be a more appropriate pension option so Head Teachers don’t miss out on valuable pension benefits.