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WGA reporting on actuarial assumptions impacting unfunded pension liability requires further improvement.
Recommendation
We questioned the Treasury about the clarity of reporting within the WGA on the impact of actuarial assumptions on the unfunded pension liability figure reported.62 It replied that the WGA disclosure of such factors had improved from previous years, but acknowledged that further improvement could be made.63 Long term sustainability
Government Response
A response document is linked to this report, dated 16 May 2025. Response attribution to this conclusion has not been verified. Read the response document.
Source
Committee
Public Accounts Committee
Report
16th Report - Whole of Government Accounts 2022-23
19 Mar 2025
HC 367
Addressee Bodies
HM Treasury
Timeline
Recommendation age
1.5 yrs
Report published
19 Mar 2025