Lord Hunt of Kings Heath – 2015 Parliamentary Question to the Department of Health
The below Parliamentary question was asked by Lord Hunt of Kings Heath on 2015-11-04.
To ask Her Majesty’s Government what additional contribution in cash terms they expect the NHS to make to the NHS Pension Scheme in 2016–17.
Lord Prior of Brampton
The NHS Pension Scheme is a ‘pay as you go’ pension scheme without financial assets. The last valuation in 2012 identified a deficit of £10.3 billion in the notional fund which is met by contributions from employers.
No additional contribution is expected from the National Health Service in 2016-17. NHS employers will continue to pay the standard employer contribution rate of 14.3%.
