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1639851
registered interest false more like this
date less than 2023-05-23more like thismore than 2023-05-23
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Higher Education: Workplace Pensions remove filter
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, what discussions he has had with the Secretary of State for Education on the costs to the higher education sector of participation in the Teachers' Pension Scheme; if he will make it his policy to work with the sector to develop financial mechanisms to help higher education institutions manage those costs in the long-term; and if he will make a statement. more like this
tabling member constituency Brighton, Pavilion more like this
tabling member printed
Caroline Lucas more like this
uin 186401 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2023-06-01more like thismore than 2023-06-01
answer text <p>In recognition of the cost pressure a potential increase to employer contribution rates would bring to existing departmental budgets, the Government announced on 30 March its commitment to providing funding for employers whose employment costs are centrally funded. Higher education (HE) providers are not covered by this commitment. To not provide financial support is consistent with the decision to not fund a similar Teachers' Pension Scheme cost increase in 2019.</p><p> </p><p>Nevertheless, I do recognise that while the Office for Students’ (OfS) annual report on financial sustainability finds that university finances generally remain in good shape, there remains a wide spread of financial performance across the sector. The Department for Education and HMT recognise the importance of this issue and will continue discussions about the implications for HE providers. The Government will confirm its position on this issue in due course.</p> more like this
answering member constituency Grantham and Stamford more like this
answering member printed Gareth Davies more like this
grouped question UIN 186400 more like this
question first answered
less than 2023-06-01T12:47:09.85Zmore like thismore than 2023-06-01T12:47:09.85Z
answering member
4850
label Biography information for Gareth Davies more like this
tabling member
3930
label Biography information for Caroline Lucas more like this
1002479
registered interest false more like this
date less than 2018-11-06more like thismore than 2018-11-06
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Higher Education: Workplace Pensions remove filter
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text To ask Her Majesty's Government whether they intend to delay the changes to actuarial valuations for higher education public service pension schemes until the outcomes are known of (1) the Augar Review of post-18 education and funding, and (2) the Office for National Statistics review of the treatment of student loans in the Public Sector Finances. more like this
tabling member printed
Baroness Garden of Frognal more like this
uin HL11320 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-20more like thismore than 2018-11-20
answer text <p>The quadrennial valuations of public service pension schemes are ongoing. Changes arising from these valuations are due to take effect in 2019. The process is set down in primary and secondary legislation and we are committed to following it.</p> more like this
answering member printed Lord Bates more like this
question first answered
less than 2018-11-20T12:48:40.85Zmore like thismore than 2018-11-20T12:48:40.85Z
answering member
1091
label Biography information for Lord Bates more like this
tabling member
3842
label Biography information for Baroness Garden of Frognal more like this