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Public Sector Pensions

Volume 458: debated on Thursday 29 March 2007

To ask the Secretary of State for Education and Skills (1) what the cash equivalent transfer value is of the public sector pensions of the 10 highest paid members of staff in his Department and its executive agencies; and if he will make a statement; (113816)

(2) when he will answer Question 113816, on public sector pensions, tabled on 5 January 2007 by the hon. Member for Yeovil.

The cash equivalent transfer value (CETV) of the pensions of the 10 highest paid departmental employees at 31 March 2006 was £4,340,480.00. This includes the CETV of the members of the senior management team named in the Department’s remuneration report, which is published annually and which is in the public domain. The Department has no executive agencies.