§ Mr. WillettsTo ask the Secretary of State for Work and Pensions what his latest estimate is of the expenditure on national insurance rebates for those contracted out of SERPS or the second state pension in each year from 1996–97 to 2005–06. [175108]
§ Malcolm WicksThe information is in the table.
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Tax year Estimated rebate cost (£ billion) 1996–97 6.9 1997–98 7.6 1998–99 7.8 1999–2000 8.3 2000–01 9.1 2001–02 9.5 2002–03 11.1 2003–04 11.5 2004–05 11.9 2005–06 11.9 Note: Figures are for Great Britain and are in cash terms except for 2005–06 which is in 2004–05 prices. They are consistent with the long-term Public Expenditure Survey undertaken in February 2004. Source: Government Actuary's Department