The latest information about the Teachers' Pension Scheme and other pensions.
When you start a new job always check with your employer or look on your contract to find out about an occupational pension scheme you can join. Pensions provide salary-related, guaranteed, inflation-proofed income in retirement for a relatively low cost to you.
The employer contributes a lot more than the member and you get tax relief on your contributions so the cost to you in real terms is less than the percentage quoted.
Most of these schemes provide a death-in-service payment, dependents' benefits and a guarantee of at least five years' pension payments in retirement.