Effective from 1st April 2024 the Teachers’ Pension Employer Contribution rate is increasing by 5% to 28.68%.

The UK Government has announced a grant to offset this increase in cost (TPECG: Teachers pension contribution grant).

Whilst the DfE have provided a tool to work out the grant, this is on an individual school basis and is focused only on the April 2024 to March 2025 amount.

For Academies, the funding covers an extra 5 months April 2025 to August 2025, the team at IMP Software have produced a calculator to give you the values across the whole funding period to help you understand the impact for your trust.