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Administration 125: Mutual Fund 2024/2025

Mutual Fund 2024/25

Premiums have been increased by 5.77% for 2024/25 as follows:

Teaching Staff Support Staff
Primary School £320.82 £161.57
Secondary School £169.87 £152.99
Special School £500.67 £266.13

The optional Support Staff Extra cover has been removed for 2024/25, with this cover being integrated into the Support Staff option. All FTEs will be covered under the Support Staff option if chosen.

The Schools Mutual Fund calculator for 2024/25 will shortly be available via the following link: Mutual Fund – Support for schools (devon.gov.uk)

ACTION (Non-Maintained schools only): We will require all current Devon Non-Maintained (Academies/Free Schools) members to complete the online staffing form via the following link, with your January 2024 Payroll data to allow a charge to be processed for the 2024/25 membership year: Non-Maintained Staffing Figures Form The Form to be completed by 31st March 2024 to enable your membership to continue.

2023-24 Claim Deadlines are published on the Mutual Fund page: Mutual Fund – Support for schools (devon.gov.uk)

Mutual Fund 2025/26

Schools are advised that the Schools Mutual Fund is being reviewed with the possibility that it will be closed from the 2025/26 financial year. Memberships will continue until 31st March 2025.

Should you have any further queries, please let us know via our team mailbox: financeschoolsmutualfund-mailbox@devon.gov.uk


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