To ask the Chancellor of the Exchequer what the net public sector pensions liability is estimated to be over the next 10 years based on the current retirement age.
The total liabilities of unfunded public service pension schemes as at
Projected figures for the in year accrual of liabilities for the main unfunded pension schemes to 2007–08, based on the current normal pension age, are published in the Public Expenditure Statistical Analyses 2005.
The net liabilities of funded pension schemes in the wider public sector to 2015 will be dependent on the performance of the individual pension funds. Central Government does not hold comprehensive information on, or estimates of the future performance of, these individual funds.