Teachers: Workplace Pensions
The question
To ask the Secretary of State for Education, what progress her Department has made on tackling delays in processing valuations by the teachers' Pension Scheme; and whether her Department is taking steps to put special measures in place for teachers who are unable to finalise divorce settlements until these valuations are made.
Answered by Georgia Gould
As at 4 September 2025, the number of unresolved cash equivalent transfer value (CETV) cases has been reduced to 433 from 3,062 at the end of October 2024. This includes recent CETV applications and as such there will always be a number of outstanding CETV cases at any given time.
The scheme administrator is now working through the most complex cases for members who have retired. These cases can currently only be processed clerically and the estimated calculation times are between 20 and 65 hours per case. Therefore, the department is funding IT changes for the scheme administrator that are expected to significantly reduce calculation times.
This issue remains a top priority for the department and the scheme administrator, and the above actions are currently expected to result in the delayed CETVs being fully cleared by spring 2026.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →