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tabling member › label	Biography information for Dr Matthew Offord
answer › question first answered	2019-03-04T12:28:07.983Z
min date	2018-11-02
answering dept sort name	Treasury

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registered interest

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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

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answer text

answering member constituency

answering member printed

question first answered

answering member


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tabling member


label

1077575

registered interest

date

26/02/2019

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Employers' Contributions

house id

legislature

25259

	pref label	House of Commons

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.

tabling member constituency

Hendon

tabling member printed

Dr Matthew Offord

uin

226089

answer

is ministerial correction

date of answer

04/03/2019

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>

answering member constituency

South West Norfolk

answering member printed

Elizabeth Truss

question first answered

04/03/2019 12:28:07

answering member

4097

	label	Biography information for Elizabeth Truss

tabling member

4006

	label	Biography information for Dr Matthew Offord