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What is phased retirement?

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What is phased retirement?

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• Phased retirement is a new and flexible provision in the TPS that offers teachers and lecturers greater choice about the way they manage the transition from work to retirement. For many, the cliff edge approach to retirement (where someone moves from full time employment to full time retirement over the space of a weekend) no longer meets their needs or expectations. Phased retirement provides for a more managed transition from work to retirement by enabling TPS members to continue in work in a reduced capacity whilst at the same time accessing some of their pension benefits.

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