Teachers: Workplace Pensions
Commons · Question 12542 · Tabled 4 Nov 2024 · Department for Education · Official record
Answered 12 Nov 2024
Question
Asked by Simon Opher
To ask the Secretary of State for Education, what steps has her Department is taking with the Teacher's Pension Scheme to reduce the time taken to provide pension valuations for teachers undergoing divorce proceedings.
Answer
Answered by Catherine McKinnell, 12 Nov 2024
The department is aware of a backlog with the number of outstanding Cash Equivalent Transfer Value figures that are used by members in divorce proceedings. The backlog has arisen as a result of the Transitional Protection (McCloud) remedy and the need for...