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answering dept short name	Home Office
tabling member printed	Hugh Gaffney
registered interest	false
answer › answering member printed	Mr Nick Hurd

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Search Results

registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

1015122

registered interest

date

26/11/2018

answering body

Home Office

answering dept id

answering dept short name

Home Office

answering dept sort name

Home Office

hansard heading

Fire and Rescue Services: Workplace Pensions

house id

legislature

25259

	pref label	House of Commons

question text

To ask the Secretary of State for the Home Department, what assessment he has made of the effect of the recent reduction in the discount rate for public service pension schemes on the financial stability of fire services.

tabling member constituency

Coatbridge, Chryston and Bellshill

tabling member printed

Hugh Gaffney

uin

195652

answer

is ministerial correction

date of answer

04/12/2018

answer text

The Government proposed a change to the discount rate in September. This change was confirmed at the Budget in October. Provisional valuation results suggest employers will need to pay more into schemes from 2019/20.At the Budget, the Treasury allocated extra funding to the reserve for 2019/20 to cover the unexpected additional costs arising from this change to the discount rate, including for fire. Provisional results indicate fire will pay an additional £10 million next year.Fire services have the resources to do their work. At March 2018 the standalone FRAs held £545 million in reserves, equivalent to 42 percent of the core spending power.

answering member constituency

Ruislip, Northwood and Pinner

answering member printed

Mr Nick Hurd

question first answered

04/12/2018 16:03:34

answering member

1561

	label	Biography information for Mr Nick Hurd

tabling member

4614

	label	Biography information for Hugh Gaffney