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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Annual cost of Public Sector pensions (FOI)

Annual cost of Public Sector pensions (FOI)

Produced by the Freedom of Information office
Authored by Government of Jersey and published on 25 July 2022.
Prepared internally, no external costs.

Request

A

What is the total annual cost to the taxpayer of affording the Public Sector Pensions?

B

If you cannot provide this, who can?

Response

A

In 2021, the Government of Jersey's employer contribution into the Public Employees Pension Fund (PEPF) was £50 million

In 2021, the Government of Jersey's employer contribution into the Jersey Teacher Superannuation Fund (JTSF) was £9 million

Employer and employee contributions are invested in a Fund to provide pensions in the future

B

Not applicable.  Please refer to A above.

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