The payments of lump sums for public servants retiring before the expiry of the grace period on 29th February 2012 will be accounted for in a manner consistent with the treatment of pension and lump sum payments as they are currently presented in the Monthly Exchequer Statement and in the Revised Estimates Volume.
The Exchequer Statement presents a high level, cumulative, monthly account of Exchequer receipts and expenditure. In the Statement net voted expenditure is presented on a Departmental basis and as such does not classify lump sum payments separately. Expenditure ceilings for each Vote have already been set out in the Comprehensive Expenditure Report 2012 — 2014, published on 5 December, and will be further detailed in the publication of the Revised Estimates for Public Service 2012 in late February. This document will present estimates for pensions across all Vote areas in table 5.