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Teachers: Retirement

Volume 485: debated on Tuesday 9 December 2008

To ask the Secretary of State for Children, Schools and Families how many teachers in the maintained sector will reach retirement age in each of the next five years. (240598)

Under the Teachers’ Pensions Scheme (TPS) regulations there is no fixed retirement age. There is a normal pension age of 60, or 65 for new entrants from 1 January 2007, but teachers may retire with employer agreement from age 50 under the premature retirement arrangements, 55 under the actuarially reduced pension arrangements and from age 60 or 65 under normal age retirement. Teachers can continue to contribute to the TPS until age 75.

The following table provides an estimate of the number of full-time qualified regular teachers in service in England in 2007, broken down by age from 55, (i.e. five years before the normal pension age of 60). This is the latest information available.

Full-time regular qualified teachers broken down by age. Coverage: England—2007, provisional

Age

Number

Under 55

321,200

56

11,500

57

10,300

58

9,000

59

7,000

60

5,600

61

2,800

62

1,100

63

700

64

400

65

300

65 and over

200

Total

370,100

Note:

Numbers are rounded to the nearest 100.

Source:

Annual survey of teachers in service and teacher vacancies, 618g, and Database of Teacher Records.