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Armed Forces: Workplace Pensions

Asked by Ben Obese-JectyConservativeMinistry of DefenceTabled Answered 30 January 2025UIN 26778

The question

To ask the Secretary of State for Defence, what proportion of the defence budget is accounted for by armed forces pensions.

Answered by Al Carns

Armed Forces Pensions represent around 9% of the Ministry of Defence (MOD) budget in financial year 2024-25. This does not include any of the Armed Forces Pensions Schemes' Annually Managed Expenditure, which sits outside the MOD's budget.

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