Update following Teachers’ Pension Scheme valuation

Teachers' Pension Scheme

As a result of the current valuation of the Teachers’ Pension Scheme, the Government has determined that the employer contribution rate should increase to 23.68%.

This change takes effect from 1 September 2019 (which includes the administration levy of 0.08%) and this can be budgeted in your SBS Online Budget Management Software under the Superannuation page.

Further to this, the Department for Education has a consultation looking at the support for the Teachers’ Pension Scheme increase and there will be more information soon.

For more information on the Teachers’ Pension Scheme visit the Teachers’ Pensions website.

As always, if you have any queries please contact the SBS Online Service Desk on 0345 222 1551 • Opt 8 or alternatively email the team at sbsonline@schoolbusinessservices.co.uk


Important Message for All Teacher App Customers

Important Message for All Teacher App Customers – action required on 28th Feb 2019

The information outlined in our recent blog post needs to be reviewed by the member of staff responsible for the maintenance of SIMS at your school.

Please see our recent blog for further info and see how we can help.

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Creating your Budget for the Next School Financial Year

Creating your Budget for the Next School Financial Year

As the financial year approaches one thing on everyone’s mind is creating their School Budget for next year.

We have been thinking about ways we can make creating your 2019/20 Budget easier for you.

Check out our new blog to see how we can help.

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Email security update for schools

Email security update for schools

It has been brought to our attention that we have had a couple of instances where a rule has been set up within Microsoft Outlook email client to forward all emails to a different email address.

Please see our recent blog for further info and see how we can help.

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Complimentary SIMS Overview – Wednesday 1st May 2019

Complimentary SIMS Overview – Wednesday 1st May 2019

This event is an opportunity for Primary schools to visit our London venue to find out more about the latest benefits of SIMS.

Please view our recent blog to see how you can book your place today!

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New 2019/20 National Insurance Calculations

New 2019/20 National Insurance Calculations

The new 2019/20 National Insurance table is now available for you to apply to your budgets.

Read our new blog post for further details.

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