Written question asked by David Laws (Liberal Democrat) on Monday, 18 June 2007, in the House of Commons. It was due for an answer on Wednesday, 20 June 2007. It was answered by Stephen Timms (Labour) on Monday, 25 June 2007 on behalf of the Treasury.

Pensions: Public Sector

Question: To ask the Chancellor of the Exchequer what estimate he has made of the cost to the public purse of public sector pensions in (a) cash terms, (b) real terms and (c) as a share of gross domestic product for each year from 2007 to 2058; and if he will make a statement.

Answer: Current estimates and future projections (until 2055-56) of public service pensions costs are available in the latest Long Term Public Finance Report (LTPFR) published in December 2006—also available at the HM Treasury website:"http://www.hm-treasury.gov.uk/media/6/0/pbr06_longtermpublicfinancereport_476.pdf)"A note by the Government Actuary’s Department (GAD) and HM Treasury on the assumptions used for the unfunded public service pension projections in the latest LTPFR is now available on the GAD website:"www.gad.gov.uk"

Secondary information