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Ruth Kelly: The level of unfunded pension liabilities are published in the Resource Accounts of the separate schemes. The latest aggregate estimate, based on the 200102 accounts, is of accrued liabilities of £380 billion as at 31 March 2002. The figure will be updated when the 200203 Resource Accounts are published shortly.
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2003, Official Report, column 614W. It also does not include the funded liabilities of schemes in the wider public sector run by statutory corporations. Information on these schemes are not held centrally and the responsibility for them rests with the relevant sponsoring Departments.
Mr. Boateng: Public service pension schemes are reviewed regularly to ensure that the benefits represent value for money and continue to contribute to the overall aim of the remuneration package to recruit, retain and motivate staff. As part of this process the Government recently announced its decision to raise the normal pension age of public servants from 60 to 65 in the Green Paper "Action on Occupational Pensions" Cm 5835, June 2003. Schemes are consulting on how this might be achieved.
The pension liabilities arising from rights accrued to date cannot be adjusted: the private sector is protected by section 67 of the Pensions Scheme Act 1995 and the public services by the Superannuation Act 1972.
Mr. Jack: To ask the Chancellor of the Exchequer (1) what studies he has undertaken to determine whether small incorporated businesses are paying the wrong amounts of tax on profits extracted from their companies; 
(3) if he will make a statement on his proposals to ensure that the right amount of tax is paid by owner managers of small incorporated businesses on the profits extracted from their companies; 
(4) if he will define (a) profit extraction and (b) acceptable profit extraction for small incorporated businesses; 
(5) if he will consult small owner managed incorporated businesses on his proposals to ensure that their tax contributions are correct in the light of the contents of paragraph 5.91 of Command Paper 6042; 
(6) whether it is his Department's policy to encourage sole traders or partnerships to become small limited companies; 
(7) whether his proposals in paragraph 5.91 of Command Paper 6042 will include measures to help small incorporated businesses to unincorporated; 
(8) whether the right amount of tax referred to in paragraph 5.91 of Command Paper 6042 includes National Insurance. 
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tax, the introduction of the 10p starting rate of income tax, permanent 40 per cent. first year capital allowances and the introduction of the VAT flat rate scheme.
Paragraph 5.91 of the 2003 Pre-Budget Report (Command Paper 6042) announced that the Government would bring forward proposals, to ensure that the right amount of tax is paid by owner managers of small incorporated businesses on the profits received from their company, protecting the benefits of low tax rates for the majority of small businesses.
Dawn Primarolo: There is currently no precise definition within current tax legislation of 'owner manager'. This issue is among those being considered by the Government in the context of its announcement in paragraph 5.91 of the 2003 Pre-Budget Report.
Mr. Stephen O'Brien: To ask the Chancellor of the Exchequer (1) what the profitability of UK companies with a turnover of (a) less than £1 million, (b) £120 million, (c) £2050 million, (d) £50100 million and (e) more than £100 million has been in each quarter since 1997;