To think teachers are quite well paid?

[Newyearnewnameforme]

Not intended goadily but my salary is more than most of my graduate friends.

Obviously, it isn’t Rockefeller standards but AIBU to think it’s actually OK?

You've got to remember that on top of the salary is an excellent pension scheme.

The pension is good. However we do make high contributions to it.... Mines currently 10%.

Yes but the govt pays up to 23% on top for you. I doubt many other employers will do that.

Pension is not as good as it used to be.
I also have to work 5 years more to get mine than I thought I would when I started.

And given that over 45% of newly qualified teachers quit before 5 years are up, not many benefit from the pension scheme!

tabby Many of my friends in different industries, especially STEM and finance, have much better pensions.

Personally, I don't find comparing details helpful. Ultimately each profession offers a package in terms of the role, expectations, pay, conditions, perks, holidays and so on. There's pros and cons to all of them.

"Pension is not as good as it used to be.
I also have to work 5 years more to get mine than I thought I would when I started."
The pension for teachers is still pretty good, and very much envied by others.

The government only began paying 23 percent on top from September 2019 before that it was 16.

Oh and those extra pension costs were not covered by rises in funding.

"tabbyMany of my friends in different industries, especially STEM and finance, have much better pensions."
They are pretty lucky then, as not many private firms and industries would pay 23% on top of your salary. Teachers pensions are better than local govt pensions.

The government doesn't pay 23% employee contributions, the school does.It comes out of the school budget. The government is funding the extra cost this year but no announcement has been made about any future funding

Oh my. I read DHod as “dear” not “deputy”.
MN addles the brain, though mine’s not as addled as some posters on here.

The teachers pension thing is relatively new, prior to this year teachers paid in more than they have done historically for worse terms.

The pension for teachers is still pretty good, and very much envied by others
Thanks Tabby didn't say it wasn't good? And I look forward to the influx of new (envious) teacher applicants.

The pension is good.

The pension is good if you work full time for several decades, with most of it on the top end of the pay scale.

The problem comes is when after years of part time raising children, you want to go back to your upper pay spine post full time and the school refuses to let you because you’re too expensive.

Or when you get to 45 and the school get rid of you saying you’re rubbish, because you’re too expensive.

Or when you are forced to leave after 3/4/5 years as the work life balance is terrible and you’re suffering from stress and depression.

Lots of ways meaning you won’t get a decent pension.

"The government doesn't pay 23% employee contributions, the schooldoes.Itcomes out of the school budget".....which ultimately comes from the government.

Once again Clav posts information that isn't entirely relevant to the thread.

Private schools have their own pay scales so not relevant

And yes some state schools are paying more than the pay scale because there is a shortage of teachers

And Clav and others ignore this, even though they have moaned about schools not being run like businesses. Now they are moaning because schools are having to pay more for people to teach due to the same market demands that they worship.

"The problem comes is when after years of part time raising children, you want to go back to your upper pay spine post full time and the school refuses to let you because you’re too expensive."...which is pretty much the same in most industries and the reason why I never went part time.

I’m top of scale and 52. I still have to be working full time for the next 16 years until I can take my full pension. When did you last see a 68 year old primary school teacher? Most teachers are forced to go early through ill health or just sheer knackered ness.

IamTheAntiChrist
Clavinova you are soo jealous aren't you? and resentful? poor you. Failed your NQT year did you?
I've met parents like you at parents' evenings, always trying to get the better of the staff but never managing.You're funny.

Not really getting the jealousy vibe - thank goodness my dc attend a private school - all very polite and professional.

You cant be forced to go on early ill health retirement. You can only get ill health retirement if you meet the criteria which in the main is that you arent fit or not capable to work because of ill health. A lot of teachers chose to take their pension early.

Aaaah. She’s that parent

TabbyMumz

A lot of teachers chose to take their pension early.

And pay huge penalties to do so.

Yes, boneyback, that's correct.

TabbyMumz I know lots of teachers who have had no option but to take their pension early. Not technically ‘forced’ but really no alternative.

I would say there are many more teachers who have been forced out on ‘compromise agreements’ after being told if they don’t go immediately with an agreed bland reference, they will be put in capability which WILL result in things being found to ensure they lose their job.