Question to the Department of Health and Social Care:
To ask His Majesty's Government how much was paid into the NHS pension scheme by (1) NHS employers, and (2) NHS pension scheme members, in (a) 2023, and (2) 2024.
The following table shows how much was paid into the NHS Pension Scheme in the financial years 2023/24 and 2024/25, broken down by the contributions paid into the scheme by employees and employers:
Financial year | 2024/25 | 2023/24 |
Employer contributions | £17,326,697,000 | £13,764,474,000 |
Employee contributions | £7,152,279,000 | £6,561,252,000 |
The employee contribution figures include the standard employee contributions, added years, additional pension purchases, and early retirement reduction buy‑out contributions. The employer contribution figures include National Health Service employer contributions for exiting staff, as well as other contributions payable on retirement/redundancy.
Annual accounts for the scheme are published for each financial year online and record the total value of all payments made. The annual accounts are available on the GOV.UK website and on the NHS Business Service Authority’s website.