§ Ms HodgeTo ask the Chancellor of the Exchequer what has been the annual cost to the Treasury of staff leaving each Department under redundancy or early retirement schemes, to incorporate(a) added years lump sum payments, (b) redundancy payments, (c) pension payments, including enhancements and (d) other special arrangements for (i) 1993–94, (ii) 1994–95, (iii) projected for 1995–96 and (iv) projected for 1996–97. [25471]
§ Mr. NelsonThe costs of early retirement and redundancies are borne from individual Departments' running costs provision in respect of their own staff. But in the case of individuals leaving the civil service in the period 1 October 1994 to 31 March 1997, Departments will bear 20 per cent. of such costs, with the remaining 80 per cent. being covered by the Treasury, through the civil superannuation vote, as announced in the civil service White Paper (Cm 2627).
For 1994–95, the cost to the civil superannuation vote of the 80:20 central funding scheme was £26.9 million. Provision for £150 million has been taken in main estimates for 1995–96. Projections for 1996–97 will be determined during the coming public expenditure survey.