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Public Sector: Pensions

Volume 471: debated on Thursday 31 January 2008

To ask the Chancellor of the Exchequer whether the Government Actuary's Department has completed reviews of or reports into the pension schemes in (a) the NHS, (b) the police force, (c) local government and (d) the Civil Service in the last five years. (182926)

The Government Actuary has completed the following reports on actuarial valuations of the NHS pension schemes in the last five years:

NHS Pension Scheme in

Valuation date

Completion date

England and Wales

31 March 1999

March 2003

Northern Ireland

31 March 1999

October 2004

Scotland

31 March 1999

November 2005

England and Wales

31 March 2004

December 2007

In July 2004, the Government Actuary also completed a report on the actuarial valuation of the Principal Civil Service Pension Scheme (Northern Ireland) as at 31 March 2003.

Assessments by the Government Actuary's Department of the liabilities of each of the NHS pension schemes and the Principal Civil Service Pensions Scheme (Northern Ireland) are published annually within the schemes' resource accounts; the last such assessments completed were as at 31 March 2007.

During the last five years the Government Actuary has not completed any actuarial reviews of pension schemes for the police force or local government.