Research and analysis

Pay-As-You-Go public service pension schemes

Long-term cash flow projections of expenditure from the Pay-As-You-Go public service pension schemes: methodology, data and assumptions.

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HM Treasury has commissioned the Government Actuary’s Department to produce long-term cash flow projections of expenditure from the Pay-As-You-Go public service pension schemes, sometimes known as unfunded schemes. The results of the long-term cash flow projections were published in the December 2009 Long-term public finance report.