Publication - Publication

Spring Budget Revision 2019-20 Supporting Document

Published: 6 Feb 2020

This document supports the Budget (Scotland ) Act 2019 Amendment Regulations 2020 known as the Spring Budget Revision 2019-20 and provides details of revised Level 2 and 3 budgets.

116 page PDF

1.5 MB

116 page PDF

1.5 MB

Contents
Spring Budget Revision 2019-20 Supporting Document
Scottish Teachers' and NHS Pension Schemes

116 page PDF

1.5 MB

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 4,545.0 0.0 4,545.0
Changes Proposed
Funding Changes 0.0 0.0 0.0
Technical Adjustments 594.6 0.0 594.6
Net Whitehall transfers 0.0 0.0 0.0
Net Transfers within Scottish Block 0.0 0.0 0.0
Total changes proposed 594.6 0.0 594.6
Proposed Budget following Spring Budget Revision 5,139.6 0.0 5,139.6
Operating Capital Total
£m £m £m
Expenditure Limit:
Total Expenditure Limit 0.0 0.0 0.0
UK Funded AME:
NHS Pensions 3,206.1 0.0 3,206.1
Teachers' Pensions 1,933.5 0.0 1,933.5
Total UK Funded AME 5,139.6 0.0 5,139.6
Other Expenditure:
Total Other Expenditure 0.0 0.0 0.0
Total Budget 5,139.6 0.0 5,139.6
Total Limit on Income (accruing resources) 2,700.0

Schedule 3.1 NHS Pensions
Details of Proposed Budget

Proposed Changes Operating Capital Total
£m £m £m
Original Budget 3,020.0 0.0 3,020.0
ABR changes 0.0 0.0 0.0
ABR Budget 3,020.0 0.0 3,020.0
Proposed changes 186.1 0.0 186.1
SBR Proposed Budget 3,206.1 0.0 3,206.1
Summary of proposed changes
Additional AME for the NHS Pension Scheme (Scotland) in respect of indexation and equalisation 186.1 0.0 0.0
186.1 0.0 186.1
Proposed Budget following Spring Budget Revision Operating Capital Total
£m £m £m
Gross Expenditure 4,878.2 0.0 4,878.2
Less: Retained Income -1,672.1 0.0 -1,672.1
Capital Receipts Applied 0.0 0.0 0.0
3,206.1 0.0 3,206.1
Budget Analysis
NHS Pension Scheme Expenditure 4,878.2 0.0 4,878.2
Retained Income from employee and employer contributions and transfers received (NHS) -1,672.1 0.0 -1,672.1
Net Expenditure 3,206.1 0.0 3,206.1

Schedule 3.2 Teachers' Pensions
Details of Proposed Budget

Proposed Changes Operating Capital Total
£m £m £m
Original Budget 1,525.0 0.0 1,525.0
ABR changes 0.0 0.0 0.0
ABR Budget 1,525.0 0.0 1,525.0
Proposed changes 408.5 0.0 408.5
SBR Proposed Budget 1,933.5 0.0 1,933.5
Summary of proposed changes
Additional AME for the Scottish Teachers' Pension Scheme in respect of indexation and equalisation 408.5 0.0 408.5
408.5 0.0 408.5
Proposed Budget following Spring Budget Revision Operating Capital Total
£m £m £m
Gross Expenditure 2,764.7 0.0 2,764.7
Less: Retained Income -831.2 0.0 -831.2
Capital Receipts Applied 0.0 0.0 0.0
1,933.5 0.0 1,933.5
Budget Analysis
Teachers' Pension Scheme Expenditure 2,764.7 0.0 2,764.7
Teachers' Retained Income from employee and employer contributions and transfers received -831.2 0.0 -831.2
Net Expenditure 1,933.5 0.0 1,933.5

Contact

Email: Finance.co-ordination@gov.scot