Local Government: Pensions

Department for Levelling Up, Housing and Communities written question – answered on 24th May 2022.

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Photo of Rachael Maskell Rachael Maskell Shadow Minister (Digital, Culture, Media and Sport)

To ask the Secretary of State for Levelling Up, Housing and Communities, what proportion of council tax revenue contributes to the Local Government Pension Scheme (a) nationally and (b) in York each year.

Photo of Kemi Badenoch Kemi Badenoch Minister for Equalities, Minister of State (Housing, Communities and Local Government), Minister of State (Foreign, Commonwealth and Development Office), Minister of State (Foreign, Commonwealth and Development Office) (jointly with Department for Levelling Up, Housing and Communities)

The Local Government Pension Scheme is funded by employee and employer contributions as well from the return on investments. Whilst employer contributions come from the general fund held by local authorities, these are not directly linked to council tax revenue, which is just one element of overall council income. We therefore do not hold data on what proportion of council tax revenue goes to the scheme on a national or local level.

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