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  • Career average revaluation rates

    Topics:
    • Teaching staff, 
    • Pension Scheme

    At the beginning of each scheme year the Career Average accrued earned pension is revalued, at a rate depending on whether you’re an active or deferred member of the scheme.

    Where you have a break from the scheme but subsequently return after a single break of not more than 5 years your pension will be revalued as active. But where you return after a single break of more than 5 years the pension benefits accrued before the break will continue to be revalued as deferred, with only new accrual being revalued as active.

    The revaluation rates for April 2020 are:-
    Active revaluation rate = 3.3%
    Deferred revaluation rate = 1.7%

    Related content

    • Actuarial reports
    • Additional pension
    • Annual Benefit Statements
    • Applying for retirement benefits
    • Customer service, and complaints
    • Family benefits
    • Governance of the Northern Ireland Teachers' Pension Scheme (NITPS)
    • Ill-health retirement benefits and re-employment
    • Ill-health Retirement Guide
    • Important pensions notices for all NITPS members
    • Maintaining and boosting your pension
    • McCloud Remedy / Goodwin Judgement
    • Membership elections
    • NI Teachers’ Pension Scheme Member Contribution Yield Consultation
    • Northern Ireland Teachers' Pension Scheme actuarial valuation 2016
    • Northern Ireland Teachers' Pension Scheme – Cost control valuation 2016
    • Northern Ireland Teachers’ Pension Scheme actuarial valuation 2020
    • Overview of the Northern Ireland Teachers' Pension Scheme (NITPS) including member factsheets
    • Partner benefits
    • Pension circulars
    • Pension Increase rates and career average revaluation
    • Pension regulations
    • Pensions calculators
    • Pensions when you divorce
    • Prospective Remedy Consultation
    • Retrospective Remedy Consultation
    • Returning to work after receiving pension benefits
    • Statement on the McCloud Judgement
    • Teachers' Pay & Pensions Team - Privacy Notice (effective from 25 May 2018)
    • Teachers' Pension System - Member and Employer Portals
    • The Money and Pensions Service, MoneyHelper, pensions blog for teachers in Northern Ireland
    • Transitional Protection Arrangements
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