My teachers pension page has £2,296 in big numbers on the front page. No idea what this means.
Now can't get into my account and no one answers the phone.
I have put into the teachers pension for around 10 years, working anything from 0.5 to 0.6 to 0.75 ( 0.75 for about 5 years or longer now) and now full time for a year covering manager's maternity leave.
My salary at 0.75 with an extra £1500 for extra responsibilities was £21,892. Now it's £31,000 for a year.
I'm 44.
What does this number mean? I'm hoping it means this is the pension I have now and it will grow. Is that right?
I know I should pay more attention to all this and have decided to really make an effort regarding my salary.
Can anyone help ? Thanks!