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Cabinet Office: Civil Superannuation
Introduction
1. This Estimate covers the
payment of pensions and other benefits to persons covered by the
Principal Civil Service Pension Scheme (PCSPS) and certain other
statutory schemes, including schemes for civil servants made under
the Superannuation Act 1972.
2. Provision is also made
for the payment of annual compensation arising from early retirement
that was pre-funded by departments, agencies and other bodies
covered by the Civil Service Compensation Scheme, in previous
years, and received as extra receipts to the Consolidated Fund.
The scheme for the central funding of early departures, announced
in the White Paper: Continuity and Change (CM 2627), ended on
31 March 1997. Provision for residual expenditure under that scheme
is included.
3. PCSPS employers meet the
cost of pension cover for their staff by payment of charges set
on an accruals basis. These charges, along with scheme members'
contributions, are appropriated in aid of this Estimate.
4. Symbols are explained in
the Introduction to this booklet.
Part I
| £ |
| RfR1: Civil Superannuation
| 1,176,977,000 |
| Total net resource requirement | 1,176,977,000
|
| Net cash requirement | 1,246,298,000
|
|
Amounts required in the year ended 31 March 2003 for
expenditure by the Cabinet Office on:
RfR1: Civil Superannuation
The Superannuation of civil servants; pensions, etc,
in respect of members of judicial pension schemes, and other pensions
and non-recurrent payments; and for other related services.
The Cabinet Office will account for this Estimate.
| Net Total
| Allocated in Vote
on Account
| Balance to
Complete |
| £ |
£ | £
|
| RfR1 | 1,176,977,000
| 686,550,000 | 490,427,000
|
| Total net resource requirement | 1,176,977,000
| 686,550,000 | 490,427,000
|
| Net cash requirement | 1,246,298,000
| 730,530,000 | 515,768,000
|
|
Part II: Subhead detail
|
| |
| | £'000
|
| Resources
| Capital
| 2002-03
| 2001-02
| 2000-01
|
|
| 1
| 2 |
3 | 4
| 5 |
6 | 7
| 8 |
9 | 10
|
| Admin
| Othercurrent
| Grants
| GrossTotal
| AinA
| Net Total
| Capital
| Non-operating
AinA
| Net Total
Resource
| Net Total
Resources
|
|
| RfR 1: Civil Superannuation
|
| —
| — |
3,047,577 | 3,047,577
| 1,870,600 |
1,176,977 | —
| — |
1,525,666 | 1,330,452
|
| SPENDING IN ANNUALLY MANAGED EXPENDITURE
|
| Central Government spending
|
| A | Civil Superannuation
|
| —
| — |
3,042,577 | 3,042,577
| 1,870,600 |
1,171,977
| — |
— | 1,525,666
| 1,220,895 |
| Non-Cash items
|
| B | Civil Superannuation
|
| —
| — |
5,000 | 5,000
| — |
5,000 |
— | —
| — |
109,557 |
|
| Total | —
| —
| 3,047,577
| 3,047,577
| 1,870,600
| 1,176,977
| —
| —
| 1,525,666
| 1,330,452
|
|
Part II: Resource to Cash reconciliation
| | |
| | | £000
|
| 2002-03
| 2001-02 |
2000-01 |
| Provision
| Provision
| Outturn
|
| Net Total Resources |
| 1,176,977 |
| 1,525,666 |
| 1,330,452 |
| Voted Capital Items |
| | | |
| |
| Capital | —
| | — |
| — |
|
| Less Non-operating AinA |
— | | —
| | — |
|
| | |
| | | |
| | —
| | — |
| — |
| Accruals to cash adjustment |
| | | |
| |
| Cost of capital charges | —
| | — |
| — |
|
| Depreciation | —
| | — |
| — |
|
| New provisions and adjustments to previousadjustments
| -5,000 | |
— | | -109,557
| |
| Other non-cash items | —
| | — |
| — |
|
| Increase (+)/Decrease (-) in stock
| — | |
— | | —
| |
| Increase (+)/Decrease (-) in debtors
| — | |
— | | -17,344
| |
| Increase (-)/Decrease (+) in creditors
| 27,321 | |
40,734 | | 56,258
| |
| Use of provisions | 47,000
| | 57,000 |
| 85,509 |
|
| | |
| | | |
| Total accruals to cash adjustments |
| 69,321
| | 97,734
| | 14,866
|
| Excess cash to be CFERd | |
— | | —
| | — |
| Net Cash Requirement |
| 1,246,298 |
| 1,623,400 |
| 1,345,318 |
|
Part III: Extra Receipts payable to the Consolidated
Fund
In addition to appropriations in aid the following
income relates to the Department and is payable to the Consolidated
Fund (cash receipts being shown in italics):
| | |
| | | £000
|
| 2002-03
provision
| 2001-02
provision
| 2000-01
outturn
|
| Income
| Receipts | Income
| Receipts | Income
| Receipts |
| Operating income not classified as AinA |
— | —
| — | —
| 247,079 | 247,079
|
| Non-operating income not classified as AinA |
— | —
| — | —
| — | —
|
| Other amounts collectable on behalf of the Consolidated Fund
| — | —
| — | —
| 87 | 87
|
| Excess cash receipts to be surrendered to theConsolidated Fund
| — | —
| — | —
| — | —
|
|
| Total | —
| — | —
| — | 247,166
| 247,166 |
|
Forecast Combined Revenue Account
| | |
| | | £000
|
| 2002-03
Provision
| 2001-02
Provision
| 2000-01
Outturn
|
| Programme Costs: | |
| | | |
|
| Voted expenditure |
| | | |
| |
| Income | |
| | |
| |
| PCSPS Contributions receivable | 1,654,500
| | 1,476,500
| | 1,460,620
| |
| PCSPS Transfers in | 190,000
| | 146,000 |
| 219,409 |
|
| PCSPS Other income receivable | 25,100
| | 18,100 |
| 23,814 |
|
| Other Schemes Contributions receivable | 1,000
| | 1,000 |
| 1,541 |
|
| | |
| | | |
| | -1,870,600
| | -1,641,600
| | -1,705,384
|
| Expenditure | |
| | | |
|
| PCSPS Benefits payable | 2,874,500
| | 2,694,000
| | 2,599,760
| |
| PCSPS Leavers | 145,000
| | 440,000 |
| 152,419 |
|
| CSCS Benefits payable | 12,377
| | 18,266 |
| 22,744 |
|
| Other Schemes Benefits payable | 15,700
| | 15,000 |
| 13,834 |
|
| | |
| | | |
| | 3,047,577
| | 3,167,266
| | 2,788,757
|
| Total Net Programme Costs |
| 1,176,977 |
| 1,525,666 |
| 1,083,373 |
| TOTAL NET OUTGOINGS FOR THE YEAR |
| 1,176,977
| | 1,525,666
| | 1,083,373
|
| of which: NET RESOURCE OUTTURN
| | 1,176,977
| | 1,525,666
| | 1,330,452
|
| CFERs | | —
| | — |
| -247,079 |
| RESOURCE BUDGET OUTTURN |
| 1,176,977 |
| 1,525,666 |
| 1,083,373 |
|
Notes to the Main Estimate
Reconciliation of resource expenditure between Estimates,
accounts and budgets
| | | £000
|
| 2002-03
provision
| 2001-02
provision
| 2000-01
outturn
|
| Net Resource Outturn (Estimates)
| 1,176,977 | 1,525,666
| 1,330,452 |
| Adjustments for: Consolidated Fund Extra Receipts in the OCS
| — | —
| -247,079 |
| Net Operating Costs (Accounts)
| 1,176,977 | 1,525,666
| 1,083,373 |
| Resource Budget Outturn (Budget)
| 1,176,977 | 1,525,666
| 1,083,373 |
| of which: Departmental Expenditure Limit (DEL)
| — | —
| — |
| Annually Managed Expenditure (AME)
| 1,176,977 | 1,525,666
| 1,083,373 |
|
Explanation of Accounting Officer Responsibilities
The Treasury has appointed the Permanent Head of the
Cabinet Office, Mrs Mavis McDonald, as Accounting Officer with
responsibility for preparing the Estimate for Civil Superannuation.
The responsibilities of an Accounting Officer, including
responsibility for the propriety and regularity of public finances
for which an Accounting Officer is answerable, for keeping proper
records and for safeguarding the Pension Scheme's assets, are
set out in the Accounting Officers' Memorandum, issued by the
Treasury and published in Government Accounting.
Analysis of Appropriations in Aid
| | |
| | | £000
|
| 2002-03
provision
| 2001-02
provision
| 2000-01
outturn
|
| Operating
AinA
| Non-operating
AinA |
Operating
AinA | Non-operating
AinA
| Operating
AinA | Non-operating
AinA
|
|
| RfR1: Civil Superannuation
|
| Cost of pension cover, contributions, transfer values and bulk transfer value receipts
| 1,870,600 | —
| 1,641,600 | —
| 1,458,305 | —
|
|
| Total | 1,870,600*
| — | 1,641,600*
| — | 1,458,305*
| — |
|
| * | Amount that may be applied as appropriation in aid in addition to the net total, arising from charges received from departments and others on account of the cost of pension cover provided for their staff; periodical contributions for widows', widowers' and dependants' benefits, other superannuation contributions and transfer values received and bulk transfer value receipts.
|
Analysis Consolidated Fund Extra Receipts
| | |
| | | £000
|
| 2002-03
provision
| 2001-02
provision
| 2000-01
provision
|
| Income
| Receipts |
Income | Receipts
| Income | Receipts
|
|
| Excess Appropriations in Aid | —
| — | —
| — | 247,079
| 247,079 |
| Other CFERs | —
| — | —
| — | 87
| 87 |
|
| Total | —
| — | —
| — | 247,166
| 247,166 |
|
Comparison of provision sought with provision and forecast
outturn for previous year
The provision sought for total net resources for 2002-03
of £1,177 million is 23 per cent lower than the final provision
for 2001-02 of £1,526 million and 18 per cent lower than
the forecast outturn of that year of £1,427 million.
Cash which may be retained to offset expenditure
Cash which may be retained by the department to offset
expenditure in the year due to its relationship with income which
has been or will be appropriated in aid for:
| | £000
|
2002-03
provision
| 2001-02
provision
| 2000-01
outturn
|
| 1,870,600 | 1,641,600
| 1,458,305 |
|
|
