§ Ms CorstonTo ask the Secretary of State for Social Security what estimate he has made of(a) the combined national insurance contribution income from employers and employees and (b) expenditure on the basic retirement pension and on all benefits, at present contribution rates and levels of benefit, for the years (i) 2000–01, (ii) 2010–11, (iii) 2020–21, (iv) 2030–31 and (v) 1995–96, if the Government Actuary's assumptions for later years are applied to that year and separately identifying for each set of figures (1) health service charges, (2) occupational pension rebates, (3) personal pension rebates and (4) personal pension subsidies. [5306]
§ Mr. HealdThe information requested is in the table:
601W
£ billion Great Britain 2000–01 2010–11 2020–21 2030–31 1995–96 Rebates for personal pensions Total paid in year 2.10 2.65 2.50 2.15 11.90 Benefit expenditure Retirement pension (flat-rate) 29.80 33.60 35.20 41.90 27.30 Retirement pension (additional) 4.20 8.40 10.90 12.00 2.20 Other benefits 8.20 8.80 10.30 9.90 10.20 Total 42.20 50.80 56.40 63.80 39.70 Notes:
1 Includes the 1 per cent. additional rebate.
2 Calculations are based on assumptions adopted for the report by the Government Actuary on the third quinquennial review under section 137 of the Social Security Act 1975 (HC 160), except for 1995–96 where actual figures are shown because it would not be appropriate to use demographic assumptions relating to later years. All figures are discounted to put them in 1994–95 price terms.
Source:
Government Actuary's Department.