Your teacher training year may have been one of the strangest ever experience, but hopefully, you will have completed your training successfully. Certainly, NEU, the teachers’ union petitioned hard for you to complete your Initial Teacher Training on track. The government acknowledged that it was in the best interest of the whole system for the new intake of teachers to start in September. It is also comforting that the DfE has acknowledged the need to offer additional support for NQTs next year, who may feel ill-prepared for the year ahead.
You will then likely have struggled to get a job at this moment. It would help if you looked at the NEU and DfE website, where both organisations are attempting to assist in the continuity of education once the schools open.
All in all, in 2020, if you gain your QTS and you have the offer of a job, you likely feel yourself exceedingly lucky. For those who feel lost in limbo, your future in the profession will likely unfold over the coming months. It might be a matter of keeping some faith that school leaders will work through the summer months to ensure there is a full rota of staff available for the new school year.
When you do start your new job, you will be confident of a regular salary, and you will start paying towards your retirement from the start. Your school will likely be one that auto-enrols you in the Teachers’ Pension Scheme. You will never really understand the benefits on offer until you have worked for a while. However, from the start of your career, you will be shaping a brighter retirement. If you want to learn more about this Teachers’ Pension Scheme and what it does to your monthly salary, contact an independent advisor today.
The content in this article was correct on 1st June 2020. You should not rely on this article to make important financial decisions. Teachers Financial Planning offers advice on the different types of retirement available with the Teachers’ Pension Scheme. Please use the contact form below to arrange an informal chat with an advisor and see how we can help you.