§ Mr. WebbTo ask the Secretary of State for Social Security if he will provide a breakdown for each of the next 20 financial years of the estimated cost of(a) his proposed deferral until October 2002 of the cuts in widows' SERPS and (b) his proposed preserved rights scheme. [115527]
§ Mr. RookerThe information is in the table.
£ million, 1999–2000 prices Year Cost of deferral Illustrative scheme costs assuming 30 per cent. reduction in expenditure that would ohterwise have occurred 2000 60 0 2001 160 0 2002 260 0 2003 270 40 2004 260 70 2005 260 110 2006 250 150 2007 240 190 2008 240 220 2009 230 260 2010 220 300 2011 210 330 2012 200 370 2013 200 410 2014 190 440 2015 180 470 2016 170 500 2017 160 530 2018 150 560 2019 140 590 2020 130 610 Notes:
1. Estimates of gross SERPS are provided by the Government Actuary's Department in 1999–2000 prices, rounded to the nearest £10 million.
2. In order to produce long-term estimates, the figures are based on those used in the Government Actuary's Department's latest quinquennial review.
§ Mr. WebbTo ask the Secretary of State for Social Security if his proposal to give preserved rights to those who were given incomplete information about their widow's SERPS entitlement will include those who were given no information. [115526]
§ Mr. RookerI refer the hon. Member to the statement my right hon. Friend, the Secretary of State made on 15 March 2000,Official Report, columns 307–21.