Public Sector: Workplace Pensions
Commons · Question 14106 · Tabled 29 Jun 2026 · Treasury · Official record
Answered 2 Jul 2026
Question
Asked by Vikki Slade
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of the change to the SCAPE discount rate on the retirement plans of public sector workers within five years of their expected retirement date.
Answer
Answered by Lucy Rigby, 2 Jul 2026
The Government announced on 19 May 2026 that the SCAPE discount rate is 2%+CPI. The SCAPE discount rate must be reviewed periodically and calculated in accordance with current methodology. By way of background, the Government published its response to the...