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Report

Annual Report and Accounts 2020 to 2021

The Gambling Commission's 2020 to 2021 Annual Report and Accounts

  1. Contents
  2. Notes to the accounts
  3. Pension liability provision

Pension liability provision

This provision recognises the payments due in respect of a former chairman of OFLOT.

2020
£'000s
At 1 April 2019226
Interest cost6
Actuarial loss in the period1
Pensions paid in the year(15)
At 31 March 2020218
2021
£'000s
At 1 April 2020218
Interest cost4
Actuarial loss in the period9
Pensions paid in the year(16)
At 31 March 2021215

The pension liability provision of £214,934 is split between, liability not later than one year (£15,679), and liability greater than one year (£199,255).

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Amounts due after more than one year
Next section
Consolidated Fund payables
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