§ Mr. CousinsTo ask the Secretary of State for Social Security if she will estimate the cost to the National Insurance Fund of rebates in respect of personal pensions in each of the years 1995–96 to 1999–2000. [24679]
§ Mr. DenhamThe information requested is set out in the table.
Year Cost to National Insurance Fund of rebates in respect of appropriate personal pensions (£ billion) 1995–96 1.96 1996–97 2.00 1997–98 2.10 1998–99 2.13 1999–2000 2.22 Notes:
1. The figure for 1995–96 is in published accounts.
2. The figure for 1996–97 has been taken from unpublished accounts.
3. Figures for 1997–98 onwards are GAD projections.
4. All figures relate to the amount paid out in that year rather than the year to which the rebates relate.
5. All figures are rounded to the nearest £0.01 billion.
Source:
Government Actuary's Department (GAD).