Publication - Corporate report
Autumn Budget Revision 2023 to 2024: supporting document
Supporting document to the Budget (Scotland) Act 2023 Amendment Regulations 2023. Provides details of Level 2 and 3 budgets.
Scottish Teachers' and NHS Pension Schemes
Schedule 2.1 Total Changes for the Autumn Budget Revision
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Total Budget in the Budget Act | 6,921.001 | 0.000 | 6,921.001 |
| Changes Proposed | |||
| Funding Changes | 0.000 | 0.000 | 0.000 |
| Technical Adjustments | 0.000 | 0.000 | 0.000 |
| Net Whitehall Transfers | 0.000 | 0.000 | 0.000 |
| Net Transfers within Scottish Block | 0.000 | 0.000 | 0.000 |
| Total changes proposed | 0.000 | 0.000 | 0.000 |
| 6,921.001 | 0.000 | 6,921.001 |
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Expenditure Limit: | 0.000 | 0.000 | 0.000 |
| Total Expenditure Limit | 0.000 | 0.000 | 0.000 |
| UK Funded AME: | |||
| NHS Pensions | 4,640.537 | 0.000 | 4,640.537 |
| Teachers' Pensions | 2,280.464 | 0.000 | 2,280.464 |
| Total UK Funded AME | 6,921.001 | 0.000 | 6,921.001 |
| Other Expenditure: | |||
| Total Other Expenditure | 0.000 | 0.000 | 0.000 |
| Total Budget | 6,921.001 | 0.000 | 6,921.001 |
| Total Limit on Income (accruing resources) | 3,100.0 |
Schedule 3.1 NHS Pensions
Details of Proposed Budget
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Original Budget | 4,640.537 | 0.000 | 4,640.537 |
| Proposed changes | 0.000 | 0.000 | 0.000 |
| ABR Proposed Budget | 4,640.537 | 0.000 | 4,640.537 |
| Summary of proposed changes | |||
| 0.000 | 0.000 | 0.000 | |
| 0.000 | 0.000 | 0.000 |
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Gross Expenditure | 6,679.904 | 0.000 | 6,679.904 |
| Less: Retained Income | -2,039.367 | 0.000 | -2,039.367 |
| Capital Receipts Applied | 0.000 | 0.000 | 0.000 |
| 4,640.537 | 0.000 | 4,640.537 | |
| Budget Analysis | |||
| NHS Pension Scheme Expenditure | 6,679.904 | 0.000 | 6,679.904 |
| Retained Income from employee and employer contributions and transfers received (NHS) | -2,039.367 | 0.000 | -2,039.367 |
| Net Expenditure | 4,640.537 | 0.000 | 4,640.537 |
Schedule 3.2 Teachers' Pensions
Details of Proposed Budget
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Original Budget | 2,280.464 | 0.000 | 2,280.464 |
| Proposed changes | 0.000 | 0.000 | 0.000 |
| ABR Proposed Budget | 2,280.464 | 0.000 | 2,280.464 |
| Summary of proposed changes | |||
| Revised estimate of current service costs | 0.000 | 0.000 | 0.000 |
| 0.000 | 0.000 | 0.000 |
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Gross Expenditure | 2,998.700 | 0.000 | 2,998.700 |
| Less: Retained Income | -996.500 | 0.000 | -996.500 |
| Capital Receipts Applied | 0.000 | 0.000 | 0.000 |
| 2,002.200 | 0.000 | 2,002.200 | |
| Budget Analysis | |||
| Teachers' Pension Scheme Expenditure | 3,289.041 | 0.000 | 3,289.041 |
| Teachers' Retained Income from employee and employer contributions and transfers received | -1,008.577 | 0.000 | -1,008.577 |
| Net Expenditure | 2,280.464 | 0.000 | 2,280.464 |