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Oral question asked in the House of Commons, by David Heathcoat-Amory (Conservative). It was answered by Angela Eagle (Labour) on Monday, 1 February 2010 on behalf of the Department for Work and Pensions.


Public Sector Pension Deficit

Question
If she will estimate the total pension deficit liability in the public sector.
Answer

We have been told that this question has been transferred to Her Majesty's Treasury. [Interruption.]... I am happy to offer an answer. The total pension deficit liability in the public sector is, off the top of my head, close to £600-odd billion, but this has to be seen in context. The pension liabilities are calculated over the next 80 years. In that context, it has to be borne in mind that the average size of a public sector pension is £4,000 to £5,000.


Secondary information

Type
Oral question
Reference
505 c12 
314109 
Session
2009-10
Oral question type
Lead
Chamber / Committee
House of Commons chamber
Related items
Public Sector Pension Deficit
Monday, 1 February 2010
Proceeding contributions
House of Commons
Public Sector Pension Deficit
Monday, 1 February 2010
Proceeding contributions
House of Commons
Subjects
Pensions Public sector
Link
View this Oral question on www.publications.parliament.uk