Sixth Report - Public Sector Pensions
Select Committee
Public Accounts Committee
HC 289
11 June 2021
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Sixth report from Session 2021-22 · published 2 Sep 2021
Recommendations & Conclusions
4 results
1
Conclusion
Acknowledged
On the basis of a report by the Comptroller and Auditor General, we took evidence...
Conclusion
On the basis of a report by the Comptroller and Auditor General, we took evidence from HM Treasury and the Government Actuary’s Department about public service pensions.1
Government Response Summary
The government response reiterated the committee's opening statement about taking evidence and confirmed the report publication and the nature of the current document.
HM Treasury
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7
Conclusion
Acknowledged
As a part of the 2011–2015 reforms, HM Treasury offered ‘transitional protection’ to those closest...
Conclusion
As a part of the 2011–2015 reforms, HM Treasury offered ‘transitional protection’ to those closest to retirement. This meant that scheme members within 10 years of their normal retirement age would see no change to their pension age or their …
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Government Response Summary
The government response reiterated the factual background of the public service pension reforms, including the McCloud judgment and its finding that transitional protections were discriminatory.
HM Treasury
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23
Conclusion
Acknowledged
The National Audit Office found there were stark differences in the average pension received by...
Conclusion
The National Audit Office found there were stark differences in the average pension received by scheme members, when analysed by gender. Their report identified that the average pensioner is paid £10,000 annually, but there is a 45% gap in the …
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Government Response Summary
The government acknowledges the gender pension gap, attributing it to historical pay differences and existing pay gap reporting, and stating it agrees on the importance of collecting and analysing data on the drivers of these differences.
HM Treasury
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24
Conclusion
Acknowledged
HM Treasury told us it does not collect and analyse data on how pension outcomes...
Conclusion
HM Treasury told us it does not collect and analyse data on how pension outcomes differ across groups of scheme members or across generations.57 GAD told us that insufficient data means government is unable to analyse similar gaps that are …
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Government Response Summary
The government acknowledges the importance of collecting and analysing data on the drivers of pension differences, but highlights practical challenges and data protection regulations regarding collecting data on protected characteristics beyond age and gender.
HM Treasury
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