Publication - Corporate report
Autumn Budget Revision 2024-25: supporting document
Supporting document to the Budget (Scotland) Act 2024 Amendment Regulations 2024. Provides details of Level 2 and 3 budgets.
Scottish Teachers' and NHS Pension Schemes
Schedule 2.1 Total Changes for the Autumn Budget Revision
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Total Budget in the Budget Act | 3,422.406 | 0.000 | 3,422.406 |
| Changes Proposed | |||
| Funding Changes | 0.000 | 0.000 | 0.000 |
| Technical Adjustments | 0.000 | 0.000 | 0.000 |
| Net Whitehall Transfers | 0.000 | 0.000 | 0.000 |
| Net Transfers within Scottish Block | 0.000 | 0.000 | 0.000 |
| Total changes proposed | 0.000 | 0.000 | 0.000 |
| Proposed Budget following Autumn Budget Revision | 3,422.406 | 0.000 | 3,422.406 |
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Expenditure Limit: | 0.000 | 0.000 | 0.000 |
| Total Expenditure Limit | 0.000 | 0.000 | 0.000 |
| UK Funded AME: | |||
| NHS Pensions | 2,186.669 | 0.000 | 2,186.669 |
| Teachers' Pensions | 1,235.737 | 0.000 | 1,235.737 |
| Total UK Funded AME | 3,422.406 | 0.000 | 3,422.406 |
| Other Expenditure: | |||
| Total Other Expenditure | 0.000 | 0.000 | 0.000 |
| Total Budget | 3,422.406 | 0.000 | 3,422.406 |
| Total Limit on Income (accruing resources) | 3,100.0 |
Schedule 3.1 NHS Pensions
Details of Proposed Budget
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Original Budget | 2,186.669 | 0.000 | 2,186.669 |
| Proposed changes | 0.000 | 0.000 | 0.000 |
| ABR Proposed Budget | 2,186.669 | 0.000 | 2,186.669 |
| Summary of proposed changes | |||
| 0.000 | 0.000 | 0.000 | |
| 0.000 | 0.000 | 0.000 |
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Gross Expenditure | 4,720.669 | 0.000 | 4,720.669 |
| Less: Retained Income | -2,534.000 | 0.000 | -2,534.000 |
| Capital Receipts Applied | 0.000 | 0.000 | 0.000 |
| 2,186.669 | 0.000 | 2,186.669 | |
| Budget Analysis | |||
| NHS Pension Scheme Expenditure | 4,720.669 | 0.000 | 4,720.669 |
| Retained Income from employee and employer contributions and transfers received (NHS) | -2,534.000 | 0.000 | -2,534.000 |
| Net Expenditure | 2,186.669 | 0.000 | 2,186.669 |
Schedule 3.2 Teachers' Pensions
Details of Proposed Budget
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Original Budget | 1,235.737 | 0.000 | 1,235.737 |
| Proposed changes | 0.000 | 0.000 | 0.000 |
| ABR Proposed Budget | 1,235.737 | 0.000 | 1,235.737 |
| Summary of proposed changes | |||
| Revised estimate of current service costs | 0.000 | 0.000 | 0.000 |
| 0.000 | 0.000 | 0.000 |
| Operating £m | Capital £m | Total £m | |
|---|---|---|---|
| Gross Expenditure | 2,430.737 | 0.000 | 2,430.737 |
| Less: Retained Income | -1,195.000 | 0.000 | -1,195.000 |
| Capital Receipts Applied | 0.000 | 0.000 | 0.000 |
| 1,235.737 | 0.000 | 1,235.737 | |
| Budget Analysis | |||
| Teachers' Pension Scheme Expenditure | 2,430.737 | 0.000 | 2,430.737 |
| Teachers' Retained Income from employee and employer contributions and transfers received | -1,195.000 | 0.000 | -1,195.000 |
| Net Expenditure | 1,235.737 | 0.000 | 1,235.737 |
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