Responding to the news that Teachers’ Pension Scheme employer rates will be reduced from 28.68% to 17.68% from 1 April 2027, University Alliance CEO, Vanessa Wilson, said:
“We welcome the significant reduction in TPS employer contribution rates, which will provide much-needed relief for post-92 universities after years of rising pension costs. This is a positive step that should ease financial pressures and give institutions greater certainty when planning for the future.
However, while this is very good news, it does not resolve the fundamental unfairness at the heart of the system. Post-92 universities remain locked into pension arrangements that many other institutions are free to change, leaving them on an uneven footing with the rest of the sector. Allowing them greater flexibilities would free up more resources for students, teaching, research and the regional economies our universities support.
The higher education sector united to demonstrate the importance of this rate reduction and we are grateful for the unity of partners from across the sector.”
