Stress Test Data Framework Dictionary 2017: Version 02

Pensions_cash_flow

This worksheet requires firms to select a year for each scheme reported; ‘Year 0’ refers to the year up to the Reporting Date. It requires values for the contributions into the scheme and benefits out of the scheme, and the pensionable payroll, for the year. ‘Year 1’ to ‘Year 5’ are required if there is a current deficit recovery plan. This should be used to complete the expected payments under the recovery plan in each of the next five years. Firms are not required to provide estimates for future years' contributions, benefits or payroll using ‘Year 1’ to ‘Year 5’. The convention for the sign is that both contributions and benefits should be reported as positive values.

201702 PensionsRisk

Order Field Name Enumeration Definition
1 Pension scheme The name of a defined benefit pension scheme.
2 Member contributions The value of contributions made by members of the pension scheme in a specified year.
3 Employer contributions ordinary The value of ordinary contributions made by employers to pension scheme in a specified year.
4 Benefit payments The value of benefit payments out of the scheme.
5 Pensionable payroll The value of pensionable payroll in a specified year. This should relate to the pensionable payroll of members of the scheme in question, excluding defined contribution members.
6 Employer contributions special or deficit year 0 The value of special or deficit contributions made by employers to pension scheme in Year 0 in the current agreed recovery plan.
7 Employer contributions special or deficit year 1 The value of special or deficit contributions made by employers to pension scheme in Year 1 in the current agreed recovery plan.
8 Employer contributions special or deficit year 2 The value of special or deficit contributions made by employers to pension scheme in Year 2 in the current agreed recovery plan.
9 Employer contributions special or deficit year 3 The value of special or deficit contributions made by employers to pension scheme in Year 3 in the current agreed recovery plan.
10 Employer contributions special or deficit year 4 The value of special or deficit contributions made by employers to pension scheme in Year 4 in the current agreed recovery plan.
11 Employer contributions special or deficit year 5 The value of special or deficit contributions made by employers to pension scheme in Year 5 in the current agreed recovery plan.