HM Treasury · Year ending March 2021 to Year ending March 2026 · £ million

Spending on public sector pensions

Spending on public sector pensions: Year ending March 2021 to Year ending March 2026ConservativeConservativeLabourLabour05k10k15k202120222023202420252026Year ending March 2021: £15.7bn £ million · published 17 July 2025Year ending March 2022: £16.1bn £ million · published 2 September 2026Year ending March 2023: £16.9bn £ million · published 2 September 2026Year ending March 2024: £18.1bn £ million · published 2 September 2026Year ending March 2025: £18.7bn £ million · published 2 September 2026Year ending March 2026: £19.4bn £ million · published 2 September 2026

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Source: HM Treasury, Public Expenditure Statistical Analyses 2026, chapter 5: expenditure by sub-function, 2026-09-02 (published 2 September 2026). Data presentation: Civometry.

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