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NHS Pensions

Volume 461: debated on Thursday 21 June 2007

To ask the Secretary of State for Health what her estimate is of the increase in her Department’s future public sector pension liability which will arise from salary increases under the (a) Agenda for Change programme and (b) the new GP contracts; and if she will make a statement. (144577)

The Government Actuary’s Department (GAD) has valued the total future liabilities of the NHS Pension scheme as at 31 March 2006 to be £165.4 billion. GAD are in the process of preparing a detailed actuarial valuation of the scheme as at 31 March 2004 which will be published later this year which will include analysis of the factors leading to any change in valuation.