Armed Forces: Workplace Pensions

(asked on 27th January 2025) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what proportion of the defence budget is accounted for by armed forces pensions.


Answered by
Al Carns Portrait
Al Carns
Parliamentary Under-Secretary (Ministry of Defence) (Minister for Veterans)
This question was answered on 30th January 2025

Armed Forces Pensions represent around 9% of the Ministry of Defence (MOD) budget in financial year 2024-25. This does not include any of the Armed Forces Pensions Schemes' Annually Managed Expenditure, which sits outside the MOD's budget.

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