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Teachers' Pensions: Pension reviews

Name: Pension
Rating: 1.58 (12 reviews)

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1.35

Based on 12 reviews, last reviewed 21st Aug 2024

No new 5 star reviews

in the past 90 days

100% decrease in 1 star reviews

in the past 90 days

3 star

2 star

84%

Latest highest rating:

5

Teachers Pension Providers of an excellent pension scheme Reviewed on: 30th October 2023

Latest lowest rating:

1

I have been waiting foe a CETV for 364 days. I have been waiting foe a CETV for 364 days. Hundreds of others habe been waiting as long or longer. Without this we cannot divorce. The impact on my ... Read more Reviewed on: 21st August 2024

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About this product

Whether you're a newly qualified teacher or approaching retirement, read our community reviews of the Teacher's Pension to see what education workers like you have to say about this product.

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Teachers' Pensions Pension reviews (12)

Review of the Teachers' Pensions, Pension:

Not fit for purpose

A failure to deliver reasonable level of basic service. Inaccurate pension forecasts for years, failure to respond in a timely manner to requests for information, complaints handled poorly with a terse rude response. Website and messaging service failures. Has become a laughing stock of a service provider in the teaching profession. This service offer or lack of reflects on leadership at every level in the organisation and the DfE who commission this totally inadequate service. Shameful! Reviewed on: 8th April 2024

Not as good as it was!

A teacher's pension is good, in comparison to other (non DB) pensions, but the new version is far inferior to the original final salary scheme I signed up to years ago. I am now no longer able to retire until state pension age, which delays my retirement plans by 7 years! The website is not too bad - it cannot predict accurately the pension of someone who is on both schemes (both Final Salary and CARE), though, which will be many people since the recent switch to the CARE scheme. Other thann that, it's quite easy to log in and keep an eye on how your pension is growing over time, and that is much better than the old annual paper statement we used to receive. On balance, I would recommend anyone eligible to sign up for the TPS - it still trumps most private and employer pensions, and anyone who can do should certainly not hesitate to join. Reviewed on: 15th August 2017