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Whether you're a permanent teacher, supply teacher or student teacher, you'll find others in the same situation on our Staffroom forum.

Buy out deadline approaching - what did everyone decide?

2 replies

Frogfleet · 03/02/2024 19:59

l think - unless I've got this wrong - that the teachers affected by the McCloud ruling have until 31st March to sign up for the 'buy out' option so that your pension is not reduced if you retire up to three years early.

I know there were some threads on here about it at the time, but I wondered if anyone went ahead and did it? I watched some David Fountain videos on it (they are always so useful) and didn't think it was as good as I first thought, but I would be interested in knowing others' opinions, please. The thought of the deadline is making me anxious!

OP posts:
BCBird · 04/02/2024 17:00

It baffles me. I'm.planning on going at 55 and finding something else

JaffavsCookie · 05/02/2024 19:55

i decided not too, it’s quite expensive, I can’t afford it really atm, and you only get payback when you hit your mid 80s

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