The NUT and NASUWT give a fail mark to the ‘Heads of Agreement’ on the Teachers’ Pension Scheme

The executives of the two main teachers’ unions (the NUT and NASUWT) have rejected the ‘Heads of Agreement’ that were put forward as a potential ‘deal’ in the dispute over the Teachers’ Pension Scheme.

The proposal they faced is very similar to the framework for the local government pensions proposal – with later retirement ages, pensions calculated on average salary (not final salary as at the moment) and rises in contributions [which would hit them even before 2014, when increases would hit local government staff]. The offer fails to deliver a good deal for members, and so the teachers’ unions can’t give it a pass mark!

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