Police: Pensions

(asked on 24th October 2018) - View Source

Question to the Home Office:

To ask the Secretary of State for the Home Department, what discussions he has had with the Chancellor of the Exchequer on additional funding for the police as a result of the proposed pension revaluation.


Answered by
Nick Hurd Portrait
Nick Hurd
This question was answered on 1st November 2018

Our analysis shows that there will be an increase in police pensions contributions cost due mainly to the proposed change to the discount rate that is used to assess the current cost of future pensions liabilities.

My Department is working closely with the police sector to understand the impact of the proposed changes and to ensure that we make the right funding decisions to support frontline services.

The Home Secretary and Chancellor have regular discussions covering a number of issues including the potential impacts of changes to the pension scheme.

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