Police Pension Liabilities Debate

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Department: Home Office

Police Pension Liabilities

Philip Hollobone Excerpts
Tuesday 6th November 2018

(5 years, 5 months ago)

Commons Chamber
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Nick Hurd Portrait Mr Hurd
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To be honest, I am delighted that reserves are being put to good use because, in March 2018, Humberside was sitting on £28.9 million of public money, almost 17% of its annual budget. One of the things the Government have done is to force PCCs to be more transparent about their use of reserves, and I do not resile from that at all. I stress again that we recognise the problem, and there is determination and extremely hard work between the Treasury and the Home Office to find a solution in the police funding settlement in early December.

Philip Hollobone Portrait Mr Philip Hollobone (Kettering) (Con)
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Police finances are incredibly stretched. Dumping £165 million of pension liabilities will be the straw that breaks the camel’s back. I offer the Minister my 100% support in getting the Treasury to think again.

Nick Hurd Portrait Mr Hurd
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I am grateful, as always, for my hon. Friend’s support. He knows from our previous exchanges that the Government recognise there is a problem in how stretched the police system is, and we took steps last year that led to more money going into the system, which is welcome, even though it was opposed by Labour. He knows my determination to find a solution not just for the pensions issue but for the stretch on the police. There is a need to increase police capacity.