You may be entitled if you are currently employed as a teacher and are on the Department of Education payroll and reached the minimum age.
How to join the pension scheme
In general, any teacher on the Department of Education payroll may be a member of the teachers’ pension scheme.
How pension benefits are calculated
In general, pension and lump sum payments are determined by:
total pensionable service (subject to a maximum of 40 years) and
pensionable remuneration (salary) on the last day of service.
What benefits may apply
Retirement pension and lump sum.
Age benefits are payable
If you are a new entrant – 65 years of age
If you are not a new entrant – 60 years of age or 55 years of age, provided that you have at least 35 years actual pensionable service.
A three-month minimum notice period applies in the case of a teacher. While the minimum notice period is 3 calendar months, school management should seek the co-operation of staff in giving the earliest possible notice of their intention to retire in order to facilitate resource planning and timetabling. A failure to comply with the three-month minimum notice period may result in the delay in the payment of retirement benefits.