Elly Phant| Primary Teacher
Region: GB
Thursday 10 September 2026 17:00:41 GMT
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LOKO :
MUSIC IS SOOOO BLOOMING LOUD
2026-09-11 13:28:11
158
realdoc79 :
Your pension pot maybe worth a million but you will not be a millionaire. You can not cash it in.
2026-09-11 13:41:53
28
benbest912 :
and the penalty for ending service 14 years early???
2026-09-12 07:09:35
3
gloppy of glipps :
there is risk with defined benefit schemes, it assumes that 1) future governments dont change their mind, push goal posts, re-interpretate old legislation or completely over rule it (which they can as no previous parliament can bind a future one) 2) government remains liquid enough to pay out their obligations, currently as it stands all income tax taken is less than how much the government pays out in total benefits schemes, and it gets worse each year.....how bad will it be in 50 years time? I personally would much rather have my money in accounts that i can touch and access at any time rather than difined benefit incomes....I studied this exact issue for my Undergrad (Banking and finance)
2026-09-11 11:19:36
2
Ria :
Not true about being a millionaire
2026-09-10 22:51:12
5
Sheme64 :
I retired after 40 full time years and finished on the final Head T salary… I ain’t no millionaire !
2026-09-12 16:30:59
1
user7503987576732 :
When you hit 50 the government will change the rules and you probably won't be able to access your money 😭
2026-09-13 10:37:43
54
𝙋𝙖𝙧𝙞𝙨. :
You can’t take the pension until state pension age and lose 4% every year you take it early.
2026-09-11 08:23:24
2
Izzzzy :
Yeah employer pays 7% of what you’re paying. I opted out when I was younger and I wish I didn’t 😢
2026-09-11 09:33:24
4
Sophie 🖤🏒🏏 :
You cannot take your pension that early (with very few exemptions). Whilst you’ve got some of the points you’re not correct on all of this so be careful of sharing misinformation.
2026-09-12 19:11:22
28
Gravery268 :
No chance, by the time you retire things will have totally changed just like they are changing for current pensioners. If you have money everyone will be coming for some
2026-09-11 18:38:38
4
Hello :
Before it changed- it used to be brilliant. You got your lump sum and monthly pension when u retired
2026-09-11 20:37:27
2
Jo&Wanda: MicroCampering :
so only roughly 635 per year of working. I work 20 years, I'll get a yearly pension salary of roughly £12,700. Is that what you mean?
2026-09-10 20:30:45
17
RandomName :
No no no. The employer contributions are irrelevant. You and your employer could contribute 1%. All that matters is the value of income you are banking. In your case the £632.
2026-09-12 11:25:14
1
Gadget110 :
thought government contributes 28% into teavher pensions unless you are unlucky to work in an academy school,
2026-09-13 00:53:59
0
Gt S2pro :
And taxed later on when you retire
2026-09-12 09:01:00
0
dl_1986 :
My father in law was a teacher/headteacher for over 40 years and was a headteacher for 27 of those years. He partially retired and worked three days a week and then two. He had less than five years of his pension when he passed away from cancer. My mother in law gets 50%. The amount he paid into his pension my mother in law will never recuperate. I was a teacher for 7 years until I had my own children so I paid into the pension thinking I would invest in it long term but I don’t know if/ when I’ll go back into teaching.
2026-09-11 11:11:44
13
jmwhite230 :
It also isn’t transferable to a spouse, should you die.
2026-09-12 13:46:50
8
Yasmeen Lulat :
so is it worth me paying in extra eachmonth
2026-09-12 13:36:29
0
Apple User896663 :
My contribution is 9.9% and employer contribution is 27%
2026-09-13 18:42:25
0
Brooksy :
My mum taught for 40 years died after paying into it and teachers pension gave us nothing £0 if she put that money into a private pension instead it would’ve been minimum £100k private pension is guaranteed teachers is if you qualify it’s bollocks
2026-09-11 22:16:22
1
Dj_derek :
“Retiring a millionaire” 🤣
2026-09-12 14:53:15
4
Bald Bouldering :
doesn't matter what you pay into it or what your employer pays.. you get your 1/57 of your salary.. not as good as it used to be
2026-09-12 00:54:40
4
theprovisionteacher :
Educate
2026-09-11 21:33:39
1
Daniel :
my school converted to a total salary award which means the new external pension with lower contributions saw teachers on that scheme have more in their pay packet compared to those that stayed in the TPS due to the contributions for that scheme was increased by the government. recently, the government announced that the 28% school contributes to the TPS scheme (forced by government in the private sector) will reduce down by about 10%. I am now wondering if teachers on tps scheme will now get to pocket that difference since we were held back when it originally went through the roof.
2026-09-11 20:38:46
1
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