Civil Servants: Workplace Pensions

(asked on 16th September 2021) - View Source

Question to the Cabinet Office:

To ask Her Majesty's Government what assessment they have made of the value to the UK taxpayer of defined benefit pension payments to retiring civil servants.


Answered by
Lord True Portrait
Lord True
Leader of the House of Lords and Lord Privy Seal
This question was answered on 28th September 2021

The Cabinet Office submits five year cash forecasts to the Office for Budget Responsibility in order for them to monitor the fiscal implications of the scheme, and the Government considers these long-term projections of expenditure, as published in their Fiscal Sustainability Reports, including expected pension cash flows as a percentage of GDP.

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