UK - Government spending on National Health Service pensions is set to soar by 50% as the deficit in the scheme reaches £110bn.
The NHS pensions bill is expected to be about £5bn in 2004-05 – up from £3.5bn this year – while calculations by the Government Actuary’s Depart-ment show liabilities have risen to £109.3bn compare...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here