Consultant – Teachers' Pensions Scheme
Location: Remote/South East
Duration: 20 Days (ASAP Start)
Rate: £500 per day (Outside IR35)
Myn is seeking an experienced consultant to provide critical support to one of our long-term clients in relation to the Teachers' Pensions Scheme. If you have extensive experience with pension schemes and a strong track record in consultancy, this is a fantastic short-term opportunity to make a tangible impact.
What's the Project?
Following a determination by the pension's ombudsman, our client requires expert consultancy to ensure the effective operation of the Teachers' Pensions Scheme. The focus is on teachers and tutors in adult learning with variable hours contracts, particularly in relation to the calculation of full-time equivalent salary for death in service benefits.
You will also be tasked with reviewing the council's approach as a scheme employer, making sure that all returns, calculations, and administration processes are accurate and compliant.
Your Key Responsibilities:
- Conduct a thorough assessment of the current processes related to teachers/tutors on variable hours contracts, including those at Surrey Arts.
- Analyse calculation methods for full-time equivalent salaries, particularly regarding death in service benefits.
- Review compliance with all relevant regulations and ensure accuracy in the council's returns and administrative processes.
- Provide detailed recommendations to improve existing processes and enhance efficiency.
- Support the implementation of your recommended changes, including training relevant staff on new practices.
Deliverables:
- Assessment Report: A comprehensive initial assessment with key findings.
- Recommendations Report: A detailed list of improvements and suggested best practices.
- Implementation Plan: Step-by-step guide for implementing changes with timelines and responsibilities.
- Training Materials: Develop and deliver training to ensure staff adopt new practices smoothly.
Expertise Required:
- Extensive experience with the Teachers' Pensions Scheme, especially from an employer's perspective.
- Proven success in managing similar consultancy projects.
- Strong analytical skills and attention to detail.
Timeline:
This project is ready to start ASAP, with a maximum of 20 days of consultancy required.
If you're ready to take on this challenging and rewarding project, we want to hear from you! Apply now to help improve vital pension services for teachers.