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Written question asked by Baroness Noakes (Conservative), in the House of Lords. It was answered by Lord McKenzie of Luton (Labour) on Tuesday, 7 June 2005.


Pensions

Question
Further to the statement by the Lord Sainsbury of Turville on 18 May (HL Deb, col. 105) about pension holidays, what is the total estimated value of pension holidays taken by employers in each of the 10 years ending 1996–97.
Answer

Estimates of the total amount of reduction of surplus and the method of reduction between 1987–88 and 1996–97 are published in table 7.9 of Inland Revenue Statistics 1997, a copy of which is available in the Library of the House.


Secondary information

Type
Written question
Reference
182; 672 c64WA
Session
2005-06
Related items
Subjects
Workplace pensions Pension funds
Contains statistics
Yes