Pensions: Public Sector

(asked on 1st November 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to Budget 2018, paragraph 1.60, if he will publish a breakdown of the £4.7 billion of extra DEL allocated to the reserves to cover additional costs arising from the reduction in the discount rate for employer contributions to public sector pension schemes.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 6th November 2018

The valuations of Public Service Pensions Schemes are ongoing. The Treasury is undertaking work with departments and devolved administrations to agree the allocation of the additional funding.

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