Written question asked by David Laws (Liberal Democrat) on Thursday, 22 March 2007, in the House of Commons. It was due for an answer on Monday, 26 March 2007. It was answered by Stephen Timms (Labour) on Thursday, 29 March 2007 on behalf of the Treasury.
Public Sector: Pensions
- Question
- To ask the Chancellor of the Exchequer what his latest estimates are of spending on public service pensions as a share of gross domestic product in each year from 2005-06 to 2050-51; and if he will make a statement.
- Answer
-
The latest public service pension projections covering a 50-year horizon were published by HM Treasury in the 2006 Long-Term Public Finance report, table 5.1. The report shows that spending as a share of GDP is projected to be very stable over the coming decades, fluctuating between1.8 per cent. in 2015-16 to 2 per cent. of GDP in 2055-56. The report publishes projections on a 10-year basis.
Secondary information
- Type
- Written question
- Reference
- 130182; 458 c1752-3W
- Session
- 2006-07
- Subjects
- Workplace pensions Public sector
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-03-21 15:27:50 +0000
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- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1223607
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