§ Mr. Cohenasked the Chancellor of the Exchequer what is the average (a) lump sum and (b) annual pension entitlement to which a retiring permanent secretary has been entitled over the past five years; and what has been the highest sum in each category.
§ Mr. BrookeCivil Service penions are based on salary at the time of retirement and the length of reckonable service; the lump sum is three times the amount of the annual pension. The information requested is shown in the table. The average pensions and lump sums shown are based on the average reckonable service of those in grades 1 and 1a who retired in the years concerned and the average salary in payment to these grades over the year to 31 March. The maxima are those for a grade 1 with the maximum length of reckonable service of 40 years at age 60.
Average Maximum Pension £ Lump sum £ Pension £ Lump sum £ 1981–82 14,946 44,838 16,585 49,755 1982–83 15,491 46,473 18,875 56,625 1983–84 19,018 57,054 20,531 61,593 1984–85 18,916 56,748 22,322 66,966 1985–86 20,999 62,997 25,771 77,313