To ask the Chancellor of the Exchequer what estimate he has made of the level of financial liability for public sector pensions.
[Official Report, 18 July 2011, Vol. 531, c. 540W.]
Letter of correction from Danny Alexander:
An error has been identified in the written answer given to the hon. Member for Esher and Walton (Mr Raab) on 18 July 2011.
The full answer given was as follows:
The latest estimate of the total public service pension net liability is £1,133 million, as disclosed in the unaudited summary report of the Whole of Governments Accounts for the year end 31 March 2010 published on 13 July 2011.
The correct answer should have been:
The latest estimate of the total public service pension net liability is £1,133 billion, as disclosed in the unaudited summary report of the Whole of Governments Accounts for the year end 31 March 2010 published on 13 July 2011.