NHS: Pensions

Health written question – answered on 22nd October 2008.

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Photo of Paul Rowen Paul Rowen Shadow Minister, Work & Pensions, Whip

To ask the Secretary of State for Health what assessment he has made of the implications of the deficit in the National Health Service Contributory Pension Fund.

Photo of Ann Keen Ann Keen Parliamentary Under-Secretary (Health Services), Department of Health

The NHS Pension Scheme is unfunded, so when benefits fall due for payment they are met from Government revenues. There is no actual pension fund or deficit. However, in any particular year, income from contributions from employers and employees is used to offset the costs of paying benefits to pensioners.

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