A pension administration service is available to academies as part of the Teachers Pension Scheme (TPS).
This is only available for academies that purchase payroll from the council.
There is no charge for the administration of the Local Government Pension Scheme (LGPS) for academies who purchase payroll from the council. However, there is a charge for completing statutory employer responsibilities on behalf of employees who are in the Teachers Pensions Scheme (TPS).
Academies that choose to purchase a payroll service not provided by the council should be aware that they will need to complete all statutory employer responsibilities themselves for both the LGPS and the TPS.
Annual contracts and other packages
The statutory employer responsibilities cost for schools and academies who are purchasing Payroll Services with Surrey County Council for 2017/2018 is £20 per teacher per year.
Ad-hoc support and other services
Teachers Pensions website
If you would like more information about Teachers Pensions please visit Teachers Pensions website.