Written question asked by Paul Rowen (Liberal Democrat) on Monday, 20 October 2008, in the House of Commons. It was due for an answer on Wednesday, 22 October 2008. It was answered by Lord Coaker (Labour) on Thursday, 30 October 2008 on behalf of the Home Office.
Police: Pensions
- Question
- To ask the Secretary of State for the Home Department how much was paid (a) by (i) employees and (ii) employers into and (b) to those receiving pensions payments from the Police Pension Scheme in each of the last five years.
- Answer
-
The present system of police pensions financing, under which each police authority pays employer and officer contributions into a separate account out of which pensions are paid, was introduced in April 2006. Where the income into the police authority pensions account from contributions and other payments such as inward transfer values is insufficient to meet the cost of pensions payment, it is topped up by Home Office grant. The information for the first two completed years under this system is given in the following table.
£ million 2006-07 (audited) 2007-08 (unaudited) Officer contributions 499 508 Police authority contribution 1,118 1,145 Pensions expenditure 1,970 2,085 Figures for the years before 2006-07 relate to the previous pay-as-you-go system of financing under which police pensions were paid out of forces' operating accounts. Information about the level of officer contributions, and pensions expenditure net of officer contributions is included in the annual reports published by the Chartered Institute of Public Finance and Accountancy (CIPFA). This information is gathered independently of the Home Office.
Secondary information
- Type
- Written question
- Reference
- 481 c1254-5W;481 c1252-3W; 229433
- Session
- 2007-08
- Subjects
- Police Pensions
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2013-11-25 22:51:37 +0000
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