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|(ii) (b) and (c) Estimated Cost of Contracted-out Rebates for Public Sector Defined Benefit Occupational Pension schemes2006-07 price terms|
|Cost (£ billion)|
|(ii) (d) Estimated Cost of Contracted-out Rebates for Private Sector Defined Benefit Schemes2006-07 price terms|
|Tax year||Cost (£ billion)|
1. Figures are on a GB basis and are expressed in £ billion in 2006-07 prices, to the nearest £100 million.
2. The projection is based on current legislation and does not take account of the measures introduced in the Pensions Bill 2006. This means:
contracting out for Personal and Stakeholder Pension schemes is assumed to continue in the future;
State Second Pension is assumed to accrue on earnings between the lower and upper earnings limits; and
the state pension age is assumed to remain at 65 after 2020.
3. The projection is based on PBR 2005 forecasts.
4. The rebate for defined contribution Occupational Pension schemes is delivered through reduced rate national insurance contributions for both employees and employers and an end of year age-related payment into the fund.
5. The rebate for contracted-out Personal and Stakeholder Pension schemes is delivered wholly through an end of year age-related payment into the fund.
6. The rebate for Defined Benefit Occupational Pension schemes is delivered through reduced national insurance contributions for employees and employers.
7. The split between public and private sector Defined Benefit Occupational Pension schemes should be treated with extreme cautionthis is very approximate based on broad assumptions.
Mrs. Spelman: To ask the Chancellor of the Exchequer whether the proposed Planning Gain Supplement will be introduced as (a) a variable levy on development value and (b) a flat-rate roof tax. 
John Healey: The Government published a consultation paper on the proposed Planning-gain Supplement (PGS) in the 2005 pre-Budget report. This stated that PGS would capture a modest portion of the land value uplift created at the grant of planning permission. Further announcements on PGS will be made by the end of the year.
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