Ian Mearns – 2016 Parliamentary Question to the Department for Education

The below Parliamentary question was asked by Ian Mearns on 2016-02-01.

To ask the Secretary of State for Education, what assessment her Department has made of the long term liabilities of the Risk Protection Arrangement; and how her Department has estimated the total funds needed to cover these liabilities.

Edward Timpson

The Secretary of State for Education has engaged with professional actuaries both from the private sector and Government, to provide an actuarial assessment of the long term liabilities applicable to the Risk Protection Arrangement (RPA).

The estimated total funds needed to cover these liabilities are modelled on the current RPA membership and expected future pupil numbers of the academy trusts which are forecast to join the RPA.