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26 Mar 2003 : Column 247W—continued

Pensions

Mr. Heald: To ask the Secretary of State for International Development if she will list the (a) funded

26 Mar 2003 : Column 248W

and (b) un-funded public sector pension schemes for which her Department, its agencies and its non-departmental public bodies are responsible; when the last actuarial valuation was of each scheme; what the value was of the assets at the last actuarial valuation of each scheme; what deficit is disclosed by the last actuarial valuation of each scheme; and if she will make a statement. [104928]

Clare Short: The following table shows the funded and un-funded public sector pension schemes managed by the Department of International Development. The Overseas Service Pensions Scheme 1985 is the only funded pension scheme. The last actuarial valuation of the 1985 Scheme was carried out as at 30 September 2001. The market value of the Scheme's assets at that time was £13.17 million. The valuation showed a surplus of £1.8 million. The un-funded schemes are exempt from the formal valuations required by the Pensions Act 1995 and subsequent regulations.




26 Mar 2003 : Column 249W

26 Mar 2003 : Column 250W

26 Mar 2003 : Column 251W

TREASURY

Landfill Tax

Mrs. Iris Robinson: To ask the Chancellor of the Exchequer pursuant to the written statement of 3 February 2003, Official Report, column 5WS, on the Landfill Tax Credit Scheme, whether the Scheme in Northern Ireland will remain unaltered following the coming budget. [103908]

John Healey: As the 2002 pre Budget report made clear, from April 2003, around two thirds of the funding currently going through the landfill tax credit scheme will be allocated to additional public spending on sustainable waste management; the devolved administrations will have responsibility for spending within their countries. The PBR also set out that the remaining third will continue to be made available through a UK-wide reformed tax credit scheme, focusing on local community environmental projects. Our plans for reform of this successor tax credit scheme will be set out on a Budget timetable. My written statement of 3 February set out transition funding arrangements for waste management and recycling projects in England. The Devolved administrations are, as my statement made clear, responsible for their own transition arrangements.

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