questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the change to the SCAPE discount rate on the retirement plans of public sector workers within five years of their expected retirement date.
answerText: The Government announced on 19 May 2026 that the SCAPE discount rate is 2%+CPI. The SCAPE discount rate must be reviewed periodically and calculated in accordance with current methodology. By way of background, the Government published its response to the...
heading: Public Sector: Occupational Pensions