Communities and Local Government written question – answered at on 3 April 2008.
Danny Alexander
Liberal Democrat, Inverness, Nairn, Badenoch and Strathspey
To ask the Secretary of State for Communities and Local Government what the rate of employer contributions is to the pension scheme of which employees at the Audit Commission for England and Wales are members.
John Healey
Minister of State (Department of Communities and Local Government) (Local Government)
This is an operational matter for the Audit Commission and I have asked the chief executive of the Audit Commission to write to the hon. Member directly.
Letter from Steve Bundred, dated
Parliamentary Question on what the rate of employer contributions is to the pension scheme of which employees at the Audit Commission for England and Wales are members.
Your Parliamentary Question on what the rate of employer contributions is to the pension scheme of which employees at the Audit Commission for England and Wales are members has been passed to me to reply.
The Audit Commission Pension Scheme (ACPS) is a funded, self-administered defined benefit pension scheme which was established with the inception of the Audit Commission in 1983. The ACPS is subject to the requirements of Scheme Specific Funding as introduced in the Pensions Act 2004.
The current employers' contribution rate to the Audit Commission Pension Scheme is 17% whilst employees contribute 6% of their salary.
From
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Yes3 people think so
No2 people think not
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