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Teachers: Pensions

Volume 496: debated on Monday 5 October 2009

To ask the Secretary of State for Children, Schools and Families with reference to paragraph C. 76, page 242 of Budget 2009, if he will place in the Library a copy of the actuarial advice he received on the teachers' pension scheme; and if he will make a statement. (289104)

The net expenditure projections for the teachers' pension scheme, used to build up the financial statement and Budget report, reflect assumptions set by the Department, after taking into account comments from their actuarial advisers. The actuarial assumptions for the scheme can be found in the latest valuation report published in November 2006 and available in the House Libraries.