The Teachers’ Pension Scheme is classed as a Defined Benefit Scheme, and it is registered with HM Revenue and Customers.
The Teachers’ Pension Scheme is one of only eight pension schemes backed by the Government.
You may have the option to retire from the age of 55 under the scheme.
However, under the career average scheme, most claimants are either state pension age or age 65 when they claim, whichever is the later date.