Public Service Pensions: Consultation on the discount rate methodology
Our strong recommendation is that to avoid a continuation of these challenges, we should return to the use of a discount rate methodology based on the Social Time Preference Rate. As well as being justified on a practical basis, there are strong points of principle which underpin our recommendation including the need for consistency in assessing public spending and the need to maintain intergenerational fairness.
- 23 Aug 2021
Consultation response
