Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document

Previous Fragment    Next Fragment

Notice given 13 June 2003

1515  Senator Sherry: To ask the Minister representing the Prime Minister—

(1) What was the cost of the arrangements for providing pensions to former Governors-General in the past 5 financial years in both cash and accrual terms.

(2) What is the estimated or projected cost of these arrangements in the 2002-03 financial year and each of the years over the forward estimate period.

(3) What is the Commonwealth’s current unfunded liability in relation to these arrangements.

(4) When was the last actuarial review conducted of the long-term cost of these arrangements.

(5) What is the average effective annual Commonwealth contribution as a percentage of salary represented by these arrangements.

(6) Are current Governors-General required to make contributions to the Commonwealth as part of their pension arrangements.

(7) Has the department sought advice in the past 12 months on superannuation surcharge liabilities arising from these arrangements; if so, what was that advice.