Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, if he will make an estimate of the cost to the public purse of Ministerial pensions in the (a) 2023-24 and (b) 2024-25 financial year.

MPs and Ministers have membership to the Parliamentary Contributions Pension Fund (PCPF) of which the ministerial share is typically around 8% of the total exchequer contribution.

In 2023/24, the Exchequer paid contributions totalling £7,693,885 into the fund and the Ministerial share was £643,123.98.

The total contribution information is available in the PCPF 2023-24 accounts (p45) using the link below:

https://mypcpfpension.co.uk/wp-content/uploads/2025/01/PCPF-Accounts-2023-24-Final-SIGNED-amended-and-certified-no-signature-10-December-24-002.pdf

The 2024-25 figures will be published by the PCPF Trustees in October 2025.