Resource Accounts: 2024/25 Disclosure of Salary, Pension and Compensation Information
My January data is missing elements for a Board member, what should I do?
Provide us with details of the missing data within the comments section of the Annex 13A.
Who in my organisation will I need to report on?
Disclosure only applies to your senior management team, which will normally either be your Management Board, or a similar group of very senior officials.
If you are unsure who this is in your organisation, please seek guidance from the auditor.
It is your responsibility to decide which posts should be covered by the disclosure requirements.
Board members who have not been an active member of the Civil Service Pension Scheme at any time during the disclosure period do not need to be included. This includes members with a deferred pension, retired members and members of the partnership scheme.
Annual disclosure exercise - results
Why has my query regarding the schedule for this year not been addressed?
We must prioritise the production of complex calculations. Cabinet Office has agreed that queries of this nature will not be addressed. Please refrain from submitting queries to the Resource Accounts or ERM mailboxes.
Is there an option to fast-track our request?
No fast-track service is available.
Why did I not receive my results in Tranche 1?
The tranches are determined by factors including when the Annex 13A was received and when your January Interface was loaded, along with input from HM Treasury and the National Audit Office.
What if I have a query on the results?
Review the FAQs and supporting example calculations provided on the website.
Calculation queries will only be addressed from September onwards, after all employer results have been issued. The priority is to produce calculations. Additionally we have produced a note, endorsed by HM Treasury and shared with the Financial Reporting Advisory Board that is designed to answer the common questions asked by Board members.
We suggest that you provide this to all members who are in scope of this year's exercise.
Do you provide a breakdown of the calculation(s)?
Calculation results are based on information provided through your payroll interface.
The calculation tool used by us is approved by our Scheme Compliance Unit and the Cabinet Office. The National Audit Office commissions an external actuary to verify the results.
Due to these steps and the focus on producing figures, breakdowns cannot be provided.
Why don’t the results provided match the information provided to the member in their Annual Benefit Statement (ABS)?
The calculations for the ABS and Resource Accounts are fundamentally different and cannot be compared.
Why don’t the results provided match the information provided to the member in their Pension Saving Statement (PSS)?
Similar to the ABS, the calculations for the PSS and Resource Accounts are different and not comparable.
The member has a Pension Sharing Order. Why is this not reflected in their results?
Resource Accounts calculations are based on gross pension benefits and reflect the liability to the Scheme.
Therefore, Pension Sharing Orders are not deducted from the calculations.
The member contributes to Scheme Pays, why do their results not reflect this?
Resource Accounts calculations are based on gross pension benefits and reflect the liability to the Scheme.
Therefore, Scheme Pays arrangements are not deducted from the calculations.
Why are the results for one member significantly different to another member?
Each calculation is based on the individual's personal pension entitlements, and numerous factors can vary from member to member, making direct comparisons impractical.
The member is new to our board for this disclosure period, will you produce the previous year’s results for comparison purposes?
This is not a requirement of the disclosure exercise. Only calculations for the prescribed period will be provided.
Why is there a negative value in the disclosure figures for a member?
Real Increase in Pension (RIP) figure.
The calculations for disclosure compare the opening balance plus pension increases against the closing balance, this is to produce the RIP figure.
In some cases, the real increase in value and the pension benefits accrued for the single total figure of remuneration can be negative. In other words, there can be a real decrease. This is likely to happen during periods of pay restraint and/or where inflation is higher than pay increases.
The final salary pension of a member in employment is calculated by reference to their pay and length of service. As from 1 April 2022, all members are now in alpha, there will be no increase in service. Their final salary pension will increase from one year to the next by virtue of any pay rise during the year. Where the inflationary increase is higher than the pay rise received, or there is no pay rise, this means that in real terms, the pension value can reduce, hence the negative values.
Another scenario where there can be negative results is where a member is over their Normal Pension Age (NPA). The factors used to calculate the value are such that the value of pension that could have been taken at NPA decreases as the member gets older.
Will the decreases/negative values be explained?
When we supply you with the requested pension information, we’ll explain the reasons for any real decrease in value or pension element of the single figure of remuneration. We’ll also provide you with the combined information you need for your reports with the relevant rounding applied.
We have received calculations based on projected earnings. Can we request a second set based on actual earnings?
This is out of scope of the Remuneration project. The process has been changed to meet the challenging deadline. Such requests will be considered after the completion of the exercise, via the statement of work process.
Can we have our result earlier as we have an audit?
To ensure we deliver to the Tranches, we must adhere to the previously noted dates.
Do we have to disclose the Remuneration report in this year's published accounts?
Yes, HM Treasury expect all employers to publish their remuneration reports in this year published accounts. There is no exception process.
Why do we have two calculations for some members and four calculations for others?
Alpha only members have two sets of calculations. Dual members have four sets of calculations.
Why have we not received confirmation of receipt of Annex 13A?
Unfortunately, the auto acknowledgement failed this year.
How will we know which tranche we will be in?
A schedule is being developed and will be uploaded to the Resource Accounts page on the Civil Service website in May.
What happens if we are unable to provide you with our data due to a move to a new payroll provider?
We’re unable to process without the payroll interface data. We require payroll data up to and including January 2025. This is minimum requirement agreed by Cabinet Office, HM Treasury and the NAO.
The employer would need to advise HM Treasury and Cabinet Office they will be providing a late submission, due to change in payroll provider.
Ideally, data for board members will be loaded in advance. If not, the work needs to be covered under a Statement of Work in time for the calculations to be produced under Tranche 2.
How to request PCSPS/alpha Ill Health Retirement details from your Pension Administrator
Has the process to request Ill Health retirement details changed?
No. The process remains the same.
How do I make a request for PCSPS/alpha Ill retirement details?
Requests for PCSPS/alpha Ill Health retirement details should be made to us.
Do I need to supply a list of members for Ill Health requests?
No. We’ll not require a list of members; they just require the email request.
If we haven't made a request, and we have ill health members, will the details be sent?
The details will only be issued once a request has been made. This data is sensitive and can only be issued via a formal request.
Redundancy and other departure costs paid in accordance with the provision of the Civil Service Compensation Scheme (CSCS)
How do we obtain information for CSCS?
Since CSCS payments are paid by the employer, this information can be obtained from your payroll provider or HR system.
Can we contact you to provide the CSCS information?
Yes. You can make a request to us via the Statement of Work process. Please consult your Employer Relationship Manager.
