Annual Benefit Statements (ABS) have begun to be distributed to employers. As Teachers’ Pensions are required to send ABS by the 31st of March, members who have not received theirs by mid-April should check with their employer for further information.
The ABS is important for understanding the value of your pension and the benefits you are entitled to. The Statement provides estimates based on the service and salary details supplied by employers in March each year. Although ABS are correct to the best of Teachers’ Pensions’ knowledge, if members identify any errors they should ask their employer to check their records and ask them to notify Teachers’ Pensions of any changes.
Members who have viewed their ABS online via My Pension Online in the past year, are re-employed, in their first two years of teaching or are currently in mixed service will not receive a paper statement. If you would like more information about this, please contact Teachers’ Pensions on 08456 066 166 or email tpmail@teacherspensions.co.uk.