Comptroller and auditor general Sir John Bourn has drawn attention to potential underfunding of the huge NHS pension fund and the accuracy of its contribution records.
He signed off the scheme’s resource accounts for 2006/07 unqualified but added notes warning that the valuation of the fund’s liability is based on 75% of member records and that the National Audit Office was unable to confirm that the remaining 25% are similar.
He also pointed out there is no independent validation of employers’ confirmation of the level of employer and employee contributions paid into the scheme.
The scheme covers NHS staff ranging from the employees of NHS trusts, primary care trusts, local health boards, health authorities, GP practices and 360 other bodies.
Post your comment
Send an email to the Computing editor at feedback@computing.co.uk
del.icio.us
digg this
reddit!
Onboard web service due to arrive in 2007 is behind schedule 21 Aug 2008
The British Computer Society will conduct an independent review of NHS IT policy 21 Aug 2008
Better public sector data sharing would provide all the necessary information, says think tank 21 Aug 2008
More news
Privacy fears over directive that will allow organisations to view emails, texts and web use 21 Aug 2008
Firms recognise need for IT – but staff must keep skills up to date 20 Aug 2008
Transport for London cuts its ties with the TranSys consortium and begins plans for its replacement 21 Aug 2008 More in depth
Advertising Marketplace
- Enterprise Accounting Solutions
- Business Intelligence Solutions
- Enterprise Content Management (ECM)
- Supply Chain Management
- Enterprise Resource Planning (ERP)
- Project Management Solutions
- Customer Relationship Management (CRM)
- Security Solutions
- Systems Management
- Networking and Communications Solutions
Featured jobs
More job opportunities