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 2015-11-19.

To ask Her Majesty’s Government what assessment they have made of the additional costs to the NHS of the introduction of the single state pension in April 2016, which will remove the national insurance rebate currently received by NHS employers offering final salary schemes.

Lord Prior of Brampton

The Spending Review has announced that National Health Service funding will rise by £3.8 billion in real terms in 2016-17 and by £8 billion in real terms by 2020-21, compared to 2015-16. It is estimated that changes to the state pension, from April 2016, will cost the NHS £1.1 billion.

This funding will enable the NHS to meet a range of cost pressures, including increased costs for NHS employers of the introduction of the single state pension.