NUT: Michael Gove trying to "dress up" reforms which are "not financially feasible"
Monday, 28 November 2011 2:45 PM
Commenting on Michael Gove’s speech to the Policy Exchange this morning, Christine Blower, General Secretary of the National of Teachers, the largest teachers’ union, said:
“This dispute has been created by a Government which is determined to steam roller through pension reform that will irreparably damage teachers’ pensions. The issue has united the teaching profession, as will be demonstrated on November 30. This strike has nothing to with ‘militants’ but everything to do with teachers and head teachers who do not believe the Government is being fair or reasonable.
“In talking about teachers' retirement ages, Michael Gove ignores the fact that those retiring earlier than their new pension age of 68 would face very substantial reductions in their pensions. More significantly, he ignores the fact that working to 68 simply won't be physically possible for many and is not in the interests of either pupils or teachers.
“Michael Gove also misrepresents the cost of teachers' pensions. His figures include the contributions made by teachers and their employers. The cost to the Treasury is far smaller and, as the National Audit Office has confirmed, the cost of teachers' pensions as a whole is already falling due to reforms already made.
“The Education Secretary says that the accrual rate has been improved through DfE lobbying, but what he doesn’t say is that it’s only improved on the Government’s earlier position. It isn’t an improvement on the accrual rate that teachers have on the existing pension scheme.
“Michael Gove's calculator only tells teachers how much they would get under his new scheme. The NUT's calculator tells them what Michael Gove's calculator doesn't - how much extra they will pay, how much longer they will have to work for a full pension and how much they will lose in retirement due to his new scheme.
“The NUT absolutely agrees with Michael Gove that it is not in the best interest for teachers to opt out of the pension scheme. What he clearly fails to understand is that teachers also recognise this fact. The problem lies with the Government’s proposals to make teachers pay considerably more for a pension that will be worth considerably less. No matter how the Government tries to dress up its reforms, for many this is simply not financially feasible.”
END pr151-2011
For further information contact Caroline Cowie on 0207 380 4706 or 07879480061
Caroline Cowie
NUT Press Officer
Hamilton House, Mabledon Place,
London WC1H 9BD
0207 380 4706 or 07879480061
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