Current status: Answered by Ivan McKee on 23 May 2024
To ask the Scottish Government whether the recent teacher pay settlements impact the future value of teacher pensions, and, if so, what steps are being taken to mitigate any potential negative effects.
The Scottish Government does not consider there are any potentially negative effects of the recent teacher pay settlement on the future value of teachers pensions. The impact will be taken into account as part of the 2024 scheme actuarial valuation which measures the costs of the benefits being provided and informs the future contribution rates to be paid by employers in order to ensure sustainability.