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TEACHERS SUPERANNUATION SCHEME (HANSARD)

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On the basis that the cost of future teacher premature retirements will be met directly by employers, as requested ...
On the basis that the cost of future teacher premature retirements will be met directly by employers, as requested by the government, the actuary recommends the introduction from 1 April 1997 of a combined contribution rate of 13.2% of salaries - 6% from employees and 7.2% from employers, education minister Cheryl Gillan told the Commons (WA 6 Nov col 507).

The government actuary, in his report on the scheme for the period 1 April 1986 to 31 March 1991, had indicated that if the cost of premature retirement of teachers continued to be borne by the superannuation scheme, the combined employer/employee contribution rate would be 14.8%.
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