Budget 2011: Public sector discount rate to be based on GDP expectations

clock

The government has decided the appropriate discount rate for calculating unfunded public sector pension contribution rates should be based on the long term expectation of Gross Domestic Product growth.

The Chancellor George Osborne (pictured) confirmed the rate in his Budget statement today following a full public consultation by the Treasury on the discount rate used for public sector pension sc...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Is it time to scrap the state pension triple lock?

Buzz: Is it time to scrap the state pension triple lock?

Triple lock, PRA regulations around funded reinsurance and longevity improvements

Professional Pensions
clock 22 September 2025 • 1 min read
News Digest: Pension panic grips Generation X

News Digest: Pension panic grips Generation X

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 22 September 2025 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Just four firms manage 80% of scheme assets, two firms planning to enter superfund market, Pensions UK says remove investment barriers

Professional Pensions
clock 19 September 2025 • 1 min read
Trustpilot