Public Sector: Pensions

(asked on 27th April 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the cost to the public purse of all disbursements for public sector pensions for all those in employment and currently entitled to such pensions.


Answered by
Greg Hands Portrait
Greg Hands
This question was answered on 9th May 2016

The Office for Budget Responsibility (OBR) publish a forecast of the net cost of public sector pensions in the Economic and Fiscal Outlook (EFO) at every fiscal event.

This shows the total income for public service pensions, including employer and employee contributions, and the total expenditure for public service pensions, through pensions in payment.

More information can be found on page 154 of the OBR’s most recent EFO.

http://cdn.budgetresponsibility.org.uk/March2016EFO.pdf

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