Julie Cooper – 2016 Parliamentary Question to the HM Treasury
The below Parliamentary question was asked by Julie Cooper on 2016-04-27.
To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the cost to the public purse of all disbursements for public sector pensions for all those in employment and currently entitled to such pensions.
Greg Hands
The Office for Budget Responsibility (OBR) publish a forecast of the net cost of public sector pensions in the Economic and Fiscal Outlook (EFO) at every fiscal event.
This shows the total income for public service pensions, including employer and employee contributions, and the total expenditure for public service pensions, through pensions in payment.
More information can be found on page 154 of the OBR’s most recent EFO.
http://cdn.budgetresponsibility.org.uk/March2016EFO.pdf