Pension Scheme (Part I)

The Pension Scheme (Part I) is a defined benefit pension fund. The Fund has a set of Special Rules that determines the benefits of the Fund. You contribute 7,0% of Pensionable Salary to the Scheme and the balance of cost as determined by the Actuary is paid by the employer. Normal retirement can be between age 60-65. The School decides the normal retirement age.

Induction Videos