Ministers: Workplace Pensions
The question
To ask the Minister for the Cabinet Office, what the estimated cost is of The Ministers’ Etc. Pension Scheme (Amendment) 2025, dated 6 November 2025.
Answered by Anna Turley
The Ministers’ Etc. Pension Scheme (Amendment) 2025 makes technical amendments to the rules to allow the cost control mechanism (CCM) process to be completed, and the Scheme does not incur a cost as a result of the changes.
All public service pension schemes are subject to the CCM as part of the valuation cycle in line with HM Treasury policy. The CCM is designed to ensure a fair balance of risk with regard to the cost of providing public service pension schemes between members of those schemes and the Exchequer (and by extension taxpayers). If, when the CCM is tested, those costs are not within agreed target levels the member contributions are adjusted accordingly.
Any administrative costs associated with drafting and implementing these regulations are negligible and have been absorbed within existing Cabinet Office budgets.
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