(2) what the estimated value was of actuarial liabilities against which the £60 billion surplus referred to in the Inland Revenue’s note to him of 27 May 1997 was measured;
(3) whether the estimated £60 billion actuarial surplus in all pension funds as estimated in the Inland Revenue’s note to him of 27 May 1997 was (a) a net figure which included schemes reporting deficits and (b) a gross figure which excluded such schemes;
(4) what method was used to extrapolate the position of all pension schemes from the sample of 32 large pension schemes by the Inland Revenue in the memorandum addressed to him dated 27 May 1997.
Advice to Ministers was published on 30 March 2007. Further details of the analysis underpinning advice to Ministers in 1997 beyond that which we have published are not held in electronic archives. Information on aggregate pension fund surpluses and actuarial liabilities was not held centrally.