Select Committee on Defence Written Evidence


Annex 2

ARMED FORCES RETIRED PAY, PENSIONS, ETC 2008-09 WINTER SUPPLEMENTARY ESTIMATES MEMORANDUM

REQUEST FOR RESOURCES 1—ARMED FORCES RETIRED PAY, PENSIONS, ETC

1.  Summary of Changes sought in the Winter Supplementary Estimate

  The Armed Forces Retired Pay and Pensions Winter Supplementary Estimate seeks an increased net cash requirement of £30 million.

2.  Detailed Explanation of the Change and Allocation

  The increase in the net cash requirement of £30 million arises from higher than anticipated lump sum payments and Early Departure Payments.

  There is additionally an increase of £1k resource is a nominal sum required to process the additional cash requirement.

3.  Changes to Cash Requirement Allocation

  There is an increase in the net cash requirement of £30 million as a result of these changes.





 
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