770 Public Sector Pension Liabilities

Nick Leaton made this Freedom of Information request to Government Actuary’s Department

The request was partially successful.

From: Nick Leaton

7 October 2010

Dear Government Actuary's Department,

As part of Lord Hutton's review there is a figure of a 770 billion
liability for public sector pensions.

I would like the following :-

1) all working papers on the calculations used to derive this
number
2) Spreadsheets or papers showing the actual calculation
3) Data used to derive the calculations. For example mortality data
used in the calculation, discount rates for the liabilities and
discount rates for any assets. In addition age, sex, salary and
accrued pension rights used to derive the value.

The figure is rather strange since its very close to a figure
published quite a few years ago. I wish to investigate why it
hasn't grown. It's also very different from the 1,200 billion
figure published by Watson Wyatt.

Yours faithfully,

Nick Leaton

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From: Mike Gerli
Government Actuary’s Department

7 October 2010

I'm out of the office until Friday 8th October

If you have a Freedom of Information request please email
[email address] directly. Failure to do do will result in a
delay in replying to your request.

All website and Intranet requests should be sent to Michael O'Donnell

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From: Mike Gerli
Government Actuary’s Department

8 October 2010


Attachment FOI Acknowledgement.pdf
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<<FOI Acknowledgement.pdf>> Mr Leaton,

Please see the attached acknowledgement to your Freedom of Information
request dated 7th October 2010.

Regards

Mike Gerli
Information Manager
Government Actuary's Department

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From: Mike Gerli
Government Actuary’s Department

4 November 2010


Attachment FoI N Leaton 7 Oct 2010 Final.pdf
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<<FoI N Leaton 7 Oct 2010 Final.pdf>> Mr Leaton,

Please see the attached reply to your Freedom of Information request
dated 7th October 2010.

Regards

Mike Gerli
Information Manager
Government Actuary's Department

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