Education: Finance
The question
To ask the Secretary of State for Education, what the cost to the public purse will be per local authority to fund (a) the teachers' pay additional grant, (b) the teachers' pension employer contribution grant and (c) the core schools budget grant for financial year 2024-25.
Answered by Catherine McKinnell
In 2024/25, the department is providing schools and high needs settings with £900 million through the teachers’ pay additional grant (TPAG), £1.1 billion through the teachers’ pension employer contribution grant (TPECG) to support them with the increased teachers’ pension scheme employer contribution rates from April 2024, and almost £1.1 billion through the core school budget grant (CSBG) to support schools with overall costs.
Guidance for schools and local authorities on the TPAG allocations for 2024/25, can be found here: https://www.gov.uk/government/publications/teachers-pay-additional-grant-2024-to-2025.
Guidance for schools and local authorities on the TPECG 2024 for March 2024 to April 2025 can be found here: https://www.gov.uk/government/publications/teachers-pension-employer-contribution-grant-2024-for-schools-high-needs-settings-and-local-authorities-2024-to-2025.
Allocations and guidance for schools and local authorities for the CSBG for September 2024 to March 2025 can be found here: https://www.gov.uk/government/publications/core-schools-budget-grant-csbg-2024-to-2025.
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