To ask the Chancellor of the Exchequer, what estimate her Department has made of the Government's financial liability for public sector defined benefit pensions in each of the next ten years.
The total liability for public service pensions stands at around £3 trillion, as per HM Treasury’s most recent Whole of Government Accounts report of 2021-22. This includes the unfunded public service pension liabilities of £2.6 trillion and the liabiliti...
Public Sector: Pensions