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1077575
registered interest false remove filter
date remove filter
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury remove filter
answering dept sort name Treasury more like this
hansard heading Employers' Contributions more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of increasing employer contributions to public pensions from 2020-21 in the next Spending Review. more like this
tabling member constituency Hendon more like this
tabling member printed
Dr Matthew Offord more like this
uin 226089 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-03-04more like thismore than 2019-03-04
answer text <p>Employer contributions in the unfunded public service pension schemes are set following quadrennial valuations. The current valuations, which assess the schemes as at 31 March 2016, are in the process of being finalised. As I announced in a Written Ministerial Statement on 6 September 2018, these valuations indicate employers need to pay more towards the schemes because of changes to the Office for Budget Responsibility’s long-term GDP growth forecasts, reflected in the SCAPE discount rate. The new employer contribution rates will take effect in 2019 and will apply for a 4-year period.</p> more like this
answering member constituency South West Norfolk more like this
answering member printed Elizabeth Truss more like this
question first answered
less than 2019-03-04T12:28:07.983Zmore like thismore than 2019-03-04T12:28:07.983Z
answering member
4097
label Biography information for Elizabeth Truss more like this
tabling member
4006
label Biography information for Dr Matthew Offord remove filter