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Departmental Pensions

Volume 476: debated on Tuesday 20 May 2008

To ask the Secretary of State for Northern Ireland (1) what his most recent estimate is of the unfunded liability in present value terms of each public sector pension scheme for which his Department is responsible; and on what assumptions for (a) discount and (b) longevity the estimate is based; (200756)

(2) what the unfunded liability in present value terms was of each public sector pension scheme for which his Department is responsible in each year since 1990-91;

(3) what the (a) rate and (b) cost was of employer contributions for each public sector pension scheme for which his Department has responsibility in each year since 1990-91; and if he will make a statement;

(4) what the effect on his Department's expenditure would be from increasing the employee contribution to each pension scheme for which his Department is responsible by one per cent.; and if he will make a statement.

Employees of the Northern Ireland Office are employed by either the Home civil service or Northern Ireland civil service, and as such, they are members of the Principal Civil Service Pension Scheme (GB) and (NI) respectively. These schemes are the responsibility of Cabinet Office and the Department for Finance and Personnel respectively. Relevant details are included in their scheme accounts.

The Department has responsibility for broadly by analogy pension schemes for public appointments. Details of the most recent and past unfunded liabilities in present value terms will be contained within the Department's resource accounts which will be laid before Parliament by 22 July.