Teacher pension amendments

When the teacher pension rates or Tier change, you may have make the update manually.

Using formulas to calculate Teacher pensions?
The rates are updated in Additions / Deductions.

Changes made in admin are global.

  1. Open payroll enter the admin login information.

  2. Go to File > Companies > Teachers Pension Amendments.

    File > Companies > Teachers Pension Amendments.

  3. Check the Effective from and enter the new Tier.

  4. Select OK to save.

Need to make LGPS (Local Government Pension Scheme) amendments?
Find out more

New Rates/Tier

Effective from 1 April 2023

Band From To %
Tier 1 0.00 32135.99 7.40
Tier 2 32136.00 43259.99 8.60
Tier 3 43260.00 51292.99 9.60
Tier 4 51293.00 67979.99 10.20
Tier 5 67980.00 92687.99 11.30
Tier 6 92698.00 0.00 11.70
Tier 7 0.00 0.00 0.00
Tier 8 0.00 0.00 0.00