Publication - Corporate report
Spring Budget Revision 2022 to 2023: supporting document
Supporting document to the Budget (Scotland) Act 2022 Amendment (No. 2) Regulations 2023. Provides details of Level 2 and 3 budgets.
Scottish Teachers and NHS Pensions
| Operating | Capital | Total | |
|---|---|---|---|
| £m | £m | £m | |
| Total Budget in the Autumn Budget Revision | 6,470.382 | 0.000 | 6,470.382 |
| Changes Proposed | |||
| Funding Changes | 0.000 | 0.000 | 0.000 |
| Technical Adjustments | 495.680 | 0.000 | 495.680 |
| Net Whitehall Transfers | 0.000 | 0.000 | 0.000 |
| Net Transfers within Scottish Block | 0.000 | 0.000 | 0.000 |
| Total changes proposed | 495.680 | 0.000 | 495.680 |
| Proposed Budget following Spring Budget Revision | 6,966.062 | 0.000 | 6,966.062 |
| Operating | Capital | Total | |
| £m | £m | £m | |
| Expenditure Limit: | 0.000 | 0.000 | 0.000 |
| Total Expenditure Limit | 0.000 | 0.000 | 0.000 |
| UK Funded AME: | |||
| NHS Pensions | 4,657.773 | 0.000 | 4,657.773 |
| Teachers' Pensions | 2,308.289 | 0.000 | 2,308.289 |
| Total UK Funded AME | 6,966.062 | 0.000 | 6,966.062 |
| Other Expenditure: | |||
| Total Other Expenditure | 0.000 | 0.000 | 0.000 |
| Total Budget | 6,966.062 | 0.000 | 6,966.062 |
| Total Limit on Income (accruing resources) | 3,100.0 | ||
| Proposed Changes | Operating | Capital | Total |
|---|---|---|---|
| £m | £m | £m | |
| Original Budget | 4,468.173 | 0.000 | 4,468.173 |
| ABR changes | 0.000 | 0.000 | 0.000 |
| ABR Budget | 4,468.173 | 0.000 | 4,468.173 |
| Proposed changes | 189.600 | 0.000 | 189.600 |
| SBR Proposed Budget | 4,657.773 | 0.000 | 4,657.773 |
| Summary of proposed changes | |||
| Refinement of forecast based on scheme pension benefit payments and member employer and employee contributions | 189.600 | 0.000 | 189.600 |
| 189.600 | 0.000 | 189.600 | |
| Proposed Budget following Spring Budget Revision | Operating | Capital | Total |
| £m | £m | £m | |
| Gross Expenditure | 6,698.935 | 0.000 | 6,698.935 |
| Less: Retained Income | -2,041.162 | 0.000 | -2,041.162 |
| Capital Receipts Applied | 0.000 | 0.000 | 0.000 |
| 4,657.773 | 0.000 | 4,657.773 | |
| Budget Analysis | |||
| NHS Pension Scheme Expenditure | 6,698.935 | 0.000 | 6,698.935 |
| Retained Income from employee and employer contributions and transfers received (NHS) | -2,041.162 | 0.000 | -2,041.162 |
| Net Expenditure | 4,657.773 | 0.000 | 4,657.773 |
| Proposed Changes | Operating | Capital | Total |
|---|---|---|---|
| £m | £m | £m | |
| Original Budget | 2,002.209 | 0.000 | 2,002.209 |
| ABR changes | 0.000 | 0.000 | 0.000 |
| ABR Budget | 2,002.209 | 0.000 | 2,002.209 |
| Proposed changes | 306.080 | 0.000 | 306.080 |
| SBR Proposed Budget | 2,308.289 | 0.000 | 2,308.289 |
| Summary of proposed changes | |||
| Refinement of forecast based on scheme pension benefit payments and member employer and employee contributions | 306.080 | 0.000 | 306.080 |
| 306.080 | 0.000 | 306.080 | |
| Proposed Budget following Spring Budget Revision | Operating | Capital | Total |
| £m | £m | £m | |
| Gross Expenditure | 2,998.680 | 0.000 | 2,998.680 |
| Less: Retained Income | -996.471 | 0.000 | -996.471 |
| Capital Receipts Applied | 0.000 | 0.000 | 0.000 |
| 2,002.209 | 0.000 | 2,002.209 | |
| Budget Analysis | |||
| Teachers' Pension Scheme Expenditure | 3,318.077 | 0.000 | 3,318.077 |
| Teachers' Retained Income from employee and employer contributions and transfers received | -1,009.788 | 0.000 | -1,009.788 |
| Net Expenditure | 2,308.289 | 0.000 | 2,308.289 |
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