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12 Feb 2002 : Column 249W
Mr. Peter Duncan: To ask the Chancellor of the Exchequer what compensation proposals will be forthcoming in respect of those persons who have opted out of SERPS and who had their pension policies affected by delayed payments from the Treasury, as a result of the computer error last year. 
Ruth Kelly: Where there is a delay in paying age related rebates to those with appropriate personal pensions, compensation will be considered where it can be demonstrated that a loss has been suffered. The Inland Revenue can consider and pay compensation under their Financial Redress Scheme.
Mr. Andrew Smith: The Government will seek any resources additional to departmental budgets in the usual way through the Supply process, which includes the announcement to Parliament of additions to Departmental Expenditure Limits via parliamentary answers.
Matthew Taylor: To ask the Chancellor of the Exchequer what estimate he has made of the change in the ratio of (a) income tax revenue and (b) national insurance revenue to GDP if GDP is (i) 1 per cent. above trend and (ii) 1 per cent. below trend in (1) the first, (2) the second and (3) subsequent years; and if he will make a statement. 
Matthew Taylor: To ask the Chancellor of the Exchequer, pursuant to his answer of 4 February 2002, Official Report, column 705W, on reputational externalities, if he will state the reasoning underlying the statements concerning reputational externalities made to the National Audit Office reported on in footnote 10 and paragraphs 4445 of HC54 of Session 200001 'The financial analysis of the London Underground Public Private Partnerships'; and if he will make a statement. 
Mr. Andrew Smith: I presume the hon. Member is referring to footnote 8 in the said document. The comments contained in the NAO report are self- explanatory. The hon. Member will find details of the financial analysis behind the value for money appraisal of the London Underground PPP in the final assessment report produced by London Underground.
12 Feb 2002 : Column 250W
Mr. Prisk: To ask the Chancellor of the Exchequer if he will make a statement on the Department of Environment, Food and Rural Affairs' underspending against the departmental expenditure limits in the last four years. 
Mr. Woodward: To ask the Chancellor of the Exchequer what resources were made available to the (a) Disability Rights Commission, (b) Equal Opportunities Commission and (c) Commission for Racial Equality in (i) 1999, (ii) 2000 and (iii) 2001. 
Copies of "Public Bodies 1999" and "Public Bodies 2000" are available in the Libraries of the House. "Public Bodies 2001" will be published shortly. The Disability Rights Commission was established on 25 April 2000.
Mr. Webb: To ask the Secretary of State for Work and Pensions, pursuant to the 2001 pre-Budget report, if he will estimate the distribution by household income quintile of the additional expenditure arising from the introduction of the state pension credit. 
|Household income quintile||Proportion of additional expenditure from State Pension Credit (after housing costs quintiles)||Proportion of additional expenditure from State Pension Credit (before housing costs quintiles)|
1. Figures are rounded to the nearest 1 per cent.
2. The largest proportion of expenditure goes to households in the second quintile because there are more pensioner benefit units in the second household income quintile.
DWP Policy Simulation Model 200102 based on 19992000 Family Resources Survey.
Pension credit will help tackle poverty among today's pensioners, without discouraging future pensioners from saving. It will provide a decent income in retirement and a reward for those who have saved.
12 Feb 2002 : Column 251W
Mr. McCartney [holding answer 31 January 2002]: Stakeholder pension sales of over 600,000 in the first nine months on the market are a very encouraging start. In addition, figures from the Association of British Insurers (ABI) show 312,096 employers had designated stakeholder pension schemes for their staff by the end of December 2001.
The sales of stakeholder pension have had a wider impact, ABI figures show increased new pension sales of 9 per cent. for the quarter July-September 2001 amounting to £2.8 billion. Regular premium pension business rose by 50 per cent. to £584 million on the same period last year, and new single premium pension policies rose by 2 per cent. to £2.2 billion.
We are also working to provide information to help people make informed decisions about saving for their retirement. We have already greatly improved the general pension information available by actively promoting our series of pension education guides. In addition, we are working in partnership with employers and pension providers to introduce new pension forecasts giving both state and private pension details.
Mr. Roy: To ask the Secretary of State for Work and Pensions what the average time taken to process a new claim for the (a) working families tax credit and (b) jobseeker's allowance was in the last six months. 
Malcolm Wicks: For the six months ending 31 December 2001 the average time taken to process a working families tax credit application was 15.2 working days and the average time taken to process a claim to jobseeker's allowance was 9.7 working days.
Mr. Webb: To ask the Secretary of State for Work and Pensions what plans he has to reform the regulations that govern the arrangements for electing trustees to the boards of occupational pension schemes. 
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Mr. McCartney [holding answer 1 February 2002]: Changes to the Member-nominated Trustee and Director requirements were introduced in the Child Support, Pensions and Social Security Act 2000. We have been working on a package of regulations that would give effect to the changes, but need to ensure that they are consistent with the findings of the review of private pensions legislation that was announced by my right hon. Friend the Secretary of State on 26 September.
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