2. Why we are planning to take action on 30 November The Government wants you to pay more, work longer and get less during retirement Despite the Government ’ s claims, our pensions are affordable Government concessions on 2 November are welcome - but not enough NUT action on 30 June helped to secure those concessions Now we can join millions of other public sector workers in showing we oppose the Government ’ s plans

3. Pay more, work longer, get less Increased contributions A 50% rise, from 6.4% to an average 9.6%, starting in 2012 Higher normal pension ages Under 34? Work till 68 for a full pension Aged 34 to 42? Work till 67 Aged 43 to 48? Work till 66 A lower pension at retirement Accrual rate 1/60, same as post 2007 TPS Career average means less for every teacher Further losses in retirement CPI inflation link takes £ 35,000 from teachers with the average £ 10,00 pension

4. What will I lose? Use the NUT pensions calculator at www.teachers.org.uk/pensions to see: www.teachers.org.uk/pensions How much you ’ ll lose from your take home pay How long you ’ ll have to work for your full pension How much you ’ ll lose from your pension if you nevertheless retire at the current pension age How much you ’ ll lose over a 25 year retirement due to lower pensions and lower indexation If you ’ re 50+ at 1/4/2012 - your pension at current pension age will be protected, but you ’ ll still pay more and lose out from lower indexation

5. Are our pensions affordable? Yes – the TPS has already been reformed as a result of our agreement in 2006! Reliable sources show the costs are already falling as planned We ’ ve agreed to pay more – but only if the increase is justified, not to help pay the costs of the recession Teachers ’ pensions aren ’ t “ gold plated ” Continuing our campaign will strengthen our hand in our negotiations and persuade the Government to move further

6. The real pensions problem The private sector Two-thirds of workers have no scheme 90% of final salary schemes are closed Employers’ contributions cut by more than half The result – higher costs to the State and future taxpayers Cutting public sector pensions just makes everyone poorer in retirement We need decent pensions for all!

7. What you can do Hold a workplace meeting – open to all - to discuss the issues and prepare for 30 November Use the pensions loss calculator at www.teachers.org.uk/pensionscalc www.teachers.org.uk/pensionscalc View the powerpoint, briefings and video at www.teachers.org.uk/pensions www.teachers.org.uk/pensions Work with other unions ’ reps and members Recruit any non union members to the NUT - use the free membership offer Build NUT activity to ensure successful strike action Encourage colleagues to attend the nearest rally on 30 November Good luck and thanks!