Dramatic increases to the Teachers' Pension Scheme (TPS) employer rate from 2019 – from 16.48% to 28.68% of salaries – put independent school budgets under severe strain.

But the impact of the new SCAPE discount rate announced in May will provide welcome relief, with TPS employer contribution rates set to fall materially from April 2027.

In our 45-minute webinar, on Wednesday 24th June at 10am, pension specialists from First Actuarial will be joined by Adam McRae-Taylor, Senior Associate at Stone King LLP.

Together, they will explore this new situation and the options available for employers, discussing:

• The SCAPE rate and other factors that impact the actuarial valuation
• How this will affect the TPS employer rate from April 2027
• Implications for TPS employers in the independent sector – what options should they consider?
• Legal factors for schools operating hybrid schemes
• Why the impact will vary according to your school’s pension strategy.

There will be time for Q&A.