Write a review

Teachers' Pensions: Pension reviews

Name: Pension
Rating: 1.58 (12 reviews)

View other Teachers' Pensions products

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

Read all reviews See your review

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.

Already signed up to the Teacher's Pension? Please leave a review of your own and help others by sharing details of your experiences dealign with this company.

Teachers' Pensions Pension reviews (12)

Review of the Teachers' Pensions, Pension:

There are words in the dictionary that adequately describe this service

You'd have to join a few up with hyphens and add an exclamation mark or two. This is what you are up against. I simply want my contributions returned. I no longer wish to be part of the scheme. TPS hold my contributions. I am not eligible to receive anything that the employers have contributed. So it's only the money that the TPS has that I can get. And yet - they still need ME to send out forms to the employers to confirm service for money that they already have. What is this new manifestation of insanity? They have the money, I am not entitled to anything else, they have to account for tax and NI and then they can pay it out - except they have to ask someone else before they can. In triplicate (Not joking). No wonder they deal predominantly with retirees - they're the only ones with enough time to navigate this idiocy. Reviewed on: 24th July 2023

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