HMRC does not operate a fixed retirement age policy and does not know when individuals will choose to retire. HMRC uses a statistical model to forecast likely levels of full-time equivalent (FTE) staff retirements based on historic data. The latest forecast for each of HMRC's lines of business is shown in table 1.
|Table 1: Forecast FTE reductions due to retirement and early retirement|
|Retirements and early retirements by line of business(1)||2013-14||2014-15||2015-16|
|Enforcement and Compliance||450||490||520|
|Benefits and Credits||60||70||70|
|(1) Forecasts are rounded to the nearest 10 FTE|
These results exclude staff who have reduced their working hours as part of a partial retirement arrangement.
Current plans are for Enforcement and Compliance FTEs to rise to a total of around 28,000 during 2014-15 before reducing again through natural wastage to around 25,700 by end 2015-16 as part of our overall efficiency commitments.