The Northern Irish budget: Slow train a-coming…

Slugger understands that the wheels are gradually beginning to turn at Stormont Castle [maybe because the international representative has decided to apply for a real job? – ed] and progress is being made towards a budget. Liam Clarke outlines some of the flab that could be cut in order to appease the Westminister Alliance government and preserve what’s good…

  • slug

    I think that Gerry Adam’s departure from politics here is indeed a sign that he really didn’t have a very worthwhile role to play (to coin a phrase) in the Assembly.

  • pippakin

    It is in SFs interest to get off their backsides and prepare the budget. All things financial are being closely looked at in the south and if that bunch of clowns (I always think there is something sinister about clowns) up there cannot even sort out their own, what use will the anointed one be here.

  • Framer

    Civil Service Pension Fund

    Mr T Burns asked the Minister of Finance and Personnel (i) how much money has been paid out to pension recipients of the Civil Service Pension Fund in each of the last ten years; (ii) how much money was received in contributions from active workers to this fund in each of the last ten years; and (iii) in any years in which there was a surplus, how that surplus was handled, invested or distributed.
    (AQW 1965/11)

    Minister of Finance and Personnel: The total amounts receivable and payable by the Principal Civil Service Pension Scheme (NI) are set out in the table overleaf. There was no surplus of contribution over payments, in any of the years.

    The Principal Civil Service Pensions Scheme (Northern Ireland)

    Contributions Payments Net Position

    E’ee E’er Pensions Lump Sums Deficit

    £m £m £m £m £m
    Year
    2009-10 18 142 172 38 -50
    2008-9 16 136 160 37 -45
    2007-8 15 132 148 34 -35
    2006-7 15 137 137 27 -12
    2005-6 14 133 129 24 -5
    2004-5 13 99 118 23 -29
    2003-4 12 92 109 20 -25
    2002-3 11 92 103 20 -19
    2001-2 10 84 96 16 -16

    Notes
    2002-3 – Restated figures following the adoption of FRS 17 in 2003-04
    2000-1 Pension Accounts prepared on a different basis and have been excluded.

  • Framer

    FINAL VERSION

    If you look at the Assembly answer below on civil service pensions you know no rebalancing can ever be done.

    Last year the NI state paid out £192m for civil service pensions (employer contributions and for deficit) while the staff paid in £18m (employee contributions) and took out £210m, some ten times more.

    The private sector can never compete when it has to be taxed to pay for this.

    Civil Service Pension Fund

    Mr T Burns asked the Minister of Finance and Personnel (i) how much money has been paid out to pension recipients of the Civil Service Pension Fund in each of the last ten years; (ii) how much money was received in contributions from active workers to this fund in each of the last ten years; and (iii) in any years in which there was a surplus, how that surplus was handled, invested or distributed.
    (AQW 1965/11)

    Minister of Finance and Personnel: The total amounts receivable and payable by the Principal Civil Service Pension Scheme (NI) are set out in the table overleaf. There was no surplus of contribution over payments, in any of the years.

    The Principal Civil Service Pensions Scheme (Northern Ireland)

    Contributions Payments Net Position

    E’ee E’er Pensions Lump Deficit
    Sums

    £m £m £m £m £m
    Year
    2009-10 18 142 172 38 -50
    2008-9 16 136 160 37 -45
    2007-8 15 132 148 34 -35
    2006-7 15 137 137 27 -12
    2005-6 14 133 129 24 -5
    2004-5 13 99 118 23 -29
    2003-4 12 92 109 20 -25
    2002-3 11 92 103 20 -19
    2001-2 10 84 96 16 -16

    Notes
    2002-3 – Restated figures following the adoption of FRS 17 in 2003-04
    2000-1 Pension Accounts prepared on a different basis and have been excluded.