How should pensions be costed?
As set out in Appendix J, an employer’s pensions charge should be added to the staff costs. This should be undertaken in accordance with FRS17. The Current Service Cost calculated as part of FRS17 should be used within the staff cost calculation. The difference between the Current Service Cost and the total annual pensions charge should be shown within the template of Appendix O, which reconciles the ABC data back to the Net Budget Requirement. • There are concerns that the Model will change and the software will need updating again, incurring costs to the forces particularly in terms of consultancy fees. Will the Home Office pay the costs as a result of their changes? It is unlikely that the Home Office will be able to fund consultancy. However, no changes will be made to the model for 2003-04. In the future, no changes will be made without full consideration of the ABC Project Board, on which ACPO (through Alan Williams) and the MPS (Helen Dean) are represented. Our aim is for minima
