Public Sector: Pensions

(asked on 2nd February 2023) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what assessment they have made of the average daily savings in pension contributions employers have made on days lost to strike action in the public sector, including strike action in the rail and postal sectors.


Answered by
Baroness Penn Portrait
Baroness Penn
Minister on Leave (Parliamentary Under Secretary of State)
This question was answered on 15th February 2023

For members of public service pension schemes, strike days count as unpaid leave, and employer and member contributions are based on actual pay. Part of the reduction in paybill caused by industrial action in the public sector, as well as rail and postal sectors, will thus be due to reductions in employer pension contributions. The Government has not made a central assessment of this figure, which will depend on a number of factors such as the exact number of staff within a given workforce who are on strike on a given day and the typical amount of pensionable earnings foregone.

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