Early day motion tabled by primary sponsor Mary Kelly Foy (Labour), on Thursday, 21 March 2024, in the House of Commons. It is signed by 25 members in total.

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Teachers’ Pension Scheme and universities

That this House notes that employers’ contributions to the Teachers’ Pension Scheme (TPS), of which approximately 58,000 university staff are members, are soon to increase by 5% in England and Wales; further notes, with concern, that while schools and colleges will receive additional funding from the Department for Education (DfE) to cover these increased costs, higher education institutions will not; recognises that many post-1992 university employers who are part of the TPS are facing severe financial difficulties, already resulting in course closures and job cuts; believes this situation will worsen dramatically if the Government refuses to intervene, putting thousands of jobs at risk and harming the reputation of the higher education sector; and therefore strongly urges the DfE to commit to providing additional funding for universities to cover the increase in TPS contributions in order to prevent this crisis.

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Secondary information

Type

Early day motion

Reference

536 

Session

2023-24

Other sponsors

Jonathan Edwards

Rachael Maskell

Kate Osborne

Claudia Webbe

Beth Winter

Subjects

Workplace pensions Universities Teachers

Link

View this Early day motion on edm.parliament.uk