Schedules

I1Schedule 1Estimates for the year ending 31 March 2023

Annotations:
Commencement Information
I1

Sch. 1 coming into force at Royal Assent (with effect in accordance with s. 7)

DEPARTMENT OF EDUCATION — TEACHERS' SUPERANNUATION ESTIMATE

PART 3: INCOME

Annually managed expenditure

  • Income arising from:

    Employer and employee contributions; transfers into the Northern Ireland Teachers' Pension Scheme; certain receipts from the state pension scheme; certain payments received from specific government funds set up to facilitate early retirement initiatives.

Non-budget income

  • Income arising from:

    Payments from the Department for the Economy in relation to the added years compensation element paid to teachers and lecturers who retired prematurely from Further Education colleges.