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Thinking About Retirement? (NITPS)

Presentation about the Northern Ireland Teachers' Pension Scheme (NITPS).


What is the NITPS

Automatically entered into the Pension Scheme: Teacher in eligible employment between the ages of 18 and 75.

Changes implemented April 2015.

Existing scheme members who satisfied certain criteria will remain in the existing final salary arrangements, whilst others have a combination of career average and final
salary arrangements.

A new entrants who joins the NITPS will have their benefits calculated totally on a career average basis.

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