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Treasury ruling on teacher pension contributions may lead to Private School fee rises.

Treasury ruling on teacher pension contributions may lead to Private School fee rises.

Private schools have warned of potential fee rises in the wake of the Treasury’s ruling on teacher pension contributions.

Some independent schools may be left with “no alternative” but to hike their price, according to the Association of Governing Bodies of Independent Schools (AGBIS).

The majority of private schools are part of the Teachers’ Pensions Scheme (TPS) and from September, they will be forced by the Treasury to step up their payments by 48 per cent.

The increase in employer contribution, from 16.48 per cent of teachers’ salaries to 23.6 per cent, will be “unaffordable” for many schools, the Independent Schools Council (ISC) has warned. 

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