Teachers' Pensions - Career Average (CARE) Impact Calculator

What is CARE? It stands for Career Average Revalued Earnings. You earn a small slice of pension each year based on what you actually get paid that year. While you keep paying in, your built-up CARE usually grows by inflation (CPI) plus 1.6% a year. If you leave the scheme, it usually grows by CPI only.
How this calculator works
  • CARE only - not the old Final Salary part.
  • Shows your estimated yearly pension at retirement and how it compares with staying in.
  • If you know your latest CARE amount, enter it and we’ll grow it from today. Otherwise, use the salary estimate.

Basic inputs

Whole pounds only. We round automatically.
Whole pounds only. From your statement.
Advanced assumptions (optional)
Leave 0% unless testing a forecast.
Usually 57.
Effective active rate now: 3.6%

Timeline events

Ages are whole years; end age is exclusive. For a few-months break, use Short unpaid break (months).