Schools: Finance

(asked on 5th November 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to paragraph 1.60 of the Budget 2018 Red Book, whether the funding for state-funded schools to cover pension costs will be allocated from the £4.7bn extra DEL in the reserve for 2019-20.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 12th November 2018

Additional funds will be allocated to the Department for Education to meet the proportion of the expected £4.7 billion in additional pension costs that falls to them. The Department for Education are proposing to provide state-funded schools with funding to cover their additional pensions costs for the rest of this Spending Review period.

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