Public Sector: Pensions

(asked on 21st November 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much he has allocated to the Home Office for 2019-20 to cover changes in relation to quadrennial valuations of the public service pension schemes.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 26th November 2018

The Budget allocated extra funding to the reserve for 2019-20 to cover an expected £4.7 billion of unforeseen additional costs arising from the ongoing valuations of public service pension schemes. The Treasury is currently working with departments to confirm departmental allocations of this funding.

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