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NHS: Pensions

Volume 481: debated on Monday 20 October 2008

To ask the Secretary of State for Health what the value was of public-sector pensions in the NHS in each of the last five years; and what the cost to the public purse was of providing such pensions in each year. (228435)

The information requested for England and Wales is given in the following table.

2002-03

2003-04

2004-05

2005-06

2006-07

Total pension expenditure (£000)

3,173,435

3,355,137

3,588,832

3,943,072

4,461,791

Employer contributions (£000)

1,632,536

3,588,337

3,890,167

4,301,122

4,579,685

Employee contributions (£000)

1,509,710

1,645,090

1,818,140

1,995,282

2,127,235

Total income received (£000)

3,374,243

5,500,521

5,999,216

6,569,369

7,043,875

Employer contribution rate (Percentage)

7

14

14

14

14

Employee contribution rate (Percentage)

Manual staff

5

5

5

5

5

Others

6

6

6

6

6

Notes:

1. Total pension expenditure includes transfers out and refunds.

2. Total income received includes transfers in, and premature retirement costs.

Source:

NHS Pensions.