Civil Service: Pension Funds

Cabinet Office written question – answered on 4th July 2019.

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Photo of Seema Malhotra Seema Malhotra Labour/Co-operative, Feltham and Heston

To ask the Minister for the Cabinet Office, what assessment the Government has made of the (a) financial and (b) practical feasibility of divesting Civil Service Pension Funds from (i) fossil fuel and (ii) carbon-intensive industries.

Photo of Oliver Dowden Oliver Dowden The Parliamentary Secretary, Cabinet Office

‘The Principal Civil Service Pension Scheme and Civil Servants and Others Pension Scheme’ is an unfunded scheme and therefore does not have any investments.

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