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<p>As part of the five-year settlement for the NHS in June, the Government committed
to provide additional funding of £1.25billion per year for NHS pension costs until
2023-24, and committed to adjust the level of additional funding to reflect the final
SCAPE rate change. Following the confirmation of the SCAPE rate reduction to 2.4%
at Budget, we will make the necessary adjustment as part of finalising the NHS settlement
by the Spending Review. Provision for the adjustment in 2019/20 was made through the
£4.7billion in DEL allocated to the reserve to help all departments with pressures
in 2019-20 relating to the SCAPE rate changes. Provision for remaining years will
be made by the Spending Review.</p>
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