HC Deb 04 April 2003 vol 402 c875W
Mr. Drew

To ask the President of the Council if he will make a statement on the basis on which the additional subventions from public funds are being made to the hon. Members' pension scheme; what discussions he has had with hon. Members who are members of the Pension Fund on the subject of additional public funding; and what alternatives to additional public funds were discussed on how to meet the shortfall in hon. Members' pension scheme. [107373]

Mr. Bradshaw

My statement to the House on 24 March 2003,Official Report, column 2WS, explained that the Parliamentary and Other Pensions Act 1987

BASE Estimate 60y BASE Estimate 60y Levy @ airport (IRR) Levy@ all airports (IRR) RPI + x% @ airport (IRR) RPI + x% @ all airport (IRR)
Package Airport Runway NPV IRR £2 £4 £1 £2 1% 2% 0.5% 1%
5B LHR 1st 111 13.3 15.8 18.4 15.4 17.6 15.8 18.2 15.1 16.8
6 LGW 1st -392 6.1 9.1 11.8 25.1 32.1 9.2 11.5 22.4 25.2
7 STN 1st -873 5.8 7.5 9.0 14.1 16.8 7.8 9.5 13.7 15.7

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