Publication - Advice and guidance
Spring budget 2017-2018: supporting document
Revisions to the level 2 and 3 budgets detailed in the supporting document of the Budget Act 2017 as amended by the Autumn Budget Revision 2017-2018.
Scottish Teachers' and NHS Pension Schemes
Schedule 2.1 Total Changes for the Spring Budget Revision
| Operating | Capital | Total | |
|---|---|---|---|
| £m | £m | £m | |
| Total Budget in the Autumn Budget Revision | 4,521.5 | 0.0 | 4,521.5 |
| Changes Proposed | |||
| Funding Changes | 0.0 | 0.0 | 0.0 |
| Technical Adjustments | 47.0 | 0.0 | 47.0 |
| Net Whitehall transfers | 0.0 | 0.0 | 0.0 |
| Net Transfers within Scottish Block | 0.0 | 0.0 | 0.0 |
| Total changes proposed | 47.0 | 0.0 | 47.0 |
| Proposed Budget following Spring Budget Revision | 4,568.5 | 0.0 | 4,568.5 |
| Operating | Capital | Total | |
|---|---|---|---|
| £m | £m | £m | |
| DEL: | |||
| Total DEL | 0.0 | 0.0 | 0.0 |
| AME: | |||
| NHS Pensions | 2,988.9 | 0.0 | 2,988.9 |
| Teachers' Pensions | 1,579.6 | 0.0 | 1,579.6 |
| Total AME | 4,568.5 | 0.0 | 4,568.5 |
| Other Expenditure Outside DEL: | |||
| Total Other Expenditure Outside DEL | 0.0 | 0.0 | 0.0 |
| Total Budget | 4,568.5 | 0.0 | 4,568.5 |
| Total Limit on Income (accruing resources) | 2,200.0 | ||
Schedule 3.1 NHS Pensions
Details of Proposed Budget
| Proposed Changes | Operating | Capital | Total |
|---|---|---|---|
| £m | £m | £m | |
| Original Budget | 2,966.9 | 0.0 | 2,966.9 |
| ABR changes | 0.0 | 0.0 | 0.0 |
| ABR Budget | 2,966.9 | 0.0 | 2,966.9 |
| Proposed changes | 22.0 | 0.0 | 22.0 |
| SBR Proposed Budget | 2,988.9 | 0.0 | 2,988.9 |
| Summary of proposed changes | |||
| Increase in pension costs due to indexation and equalisation | 22.0 | 0.0 | 22.0 |
| 22.0 | 0.0 | 22.0 | |
| Proposed Budget following Spring Budget Revision | Operating | Capital | Total |
|---|---|---|---|
| £m | £m | £m | |
| Gross Expenditure | 4,288.9 | 0.0 | 4,288.9 |
| Less: Retained Income | -1,300.0 | 0.0 | -1,300.0 |
| Capital Receipts Applied | 0.0 | 0.0 | 0.0 |
| 2,988.9 | 0.0 | 2,988.9 | |
| Budget Analysis | |||
| NHS Pension Scheme Expenditure | 4,288.9 | 0.0 | 4,288.9 |
| Retained Income from employee and employer contributions and transfers received ( NHS) | -1,300.0 | 0.0 | -1,300.0 |
| Net Expenditure | 2,988.9 | 0.0 | 2,988.9 |
Schedule 3.2 Teachers' Pensions
Details of Proposed Budget
| Proposed Changes | Operating | Capital | Total |
|---|---|---|---|
| £m | £m | £m | |
| Original Budget | 1,554.6 | 0.0 | 1,554.6 |
| Proposed changes | 0.0 | 0.0 | 0.0 |
| ABR Budget | 1,554.6 | 0.0 | 1,554.6 |
| Proposed changes | 25.0 | 0.0 | 25.0 |
| SBR Proposed Budget | 1,579.6 | 0.0 | 1,579.6 |
| Summary of proposed changes | |||
| Increase in pension costs due to indexation and equalisation | 25.0 | 0.0 | 25.0 |
| 25.0 | 0.0 | 25.0 | |
| Proposed Budget following Spring Budget Revision | Operating | Capital | Total |
|---|---|---|---|
| £m | £m | £m | |
| Gross Expenditure | 2,241.6 | 0.0 | 2,241.6 |
| Less: Retained Income | -662.0 | 0.0 | -662.0 |
| Capital Receipts Applied | 0.0 | 0.0 | 0.0 |
| 1,579.6 | 0.0 | 1,579.6 | |
| Budget Analysis | |||
| Teachers' Pension Scheme Expenditure | 2,241.6 | 0.0 | 2,241.6 |
| Teachers' Retained Income from employee and employer contributions and transfers received | -662.0 | 0.0 | -662.0 |
| Net Expenditure | 1,579.6 | 0.0 | 1,579.6 |