To ask the Chancellor of the Exchequer, with reference to National Audit Office's report entitled, public service pensions, published on 19 March 2021, whether her Department plans to publish updated statistics on the balancing payments made to pensions schemes.
Answered on
17 January 2025
Figures showing the net Exchequer balancing payments for unfunded Public Service Pension Schemes (PSPS), along with details on contribution income and scheme expenditure, are regularly published as part of the OBR’s Economic and Fiscal Outlook (EFO). The latest publication is part of the October 2024 EFO, in the table labelled “October 2024 Economic and fiscal outlook – detailed forecast tables: expenditure”: https://obr.uk/efo/economic-and-fiscal-outlook-october-2024/