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Mr. Duncan Smith
To ask the Secretary of State for Social Security which of the recommendations in the Government Actuary's Department report of December 1998 on contracting-out of SERPS she (a) has implemented and (b) has not implemented. [32972]
Mr. Denham
The Government Actuary in November 1997 was asked for his views on the effect of a number of factors on the national insurance rebates. His report gave advice but did not make recommendations. When deciding on the new rebate levels we did, of course, take careful note of his advice but also had to consider the impact of recent trends in pensions on the resources available to the National Insurance Fund.