CONFIDENTIAL
Forecast of Pension Expenditure for the years
1990/91 to 2006/07
Pension
Gratuity
Total
% on P.E.
$M
$M
$M
1990/91
1,119
1,374
2,493
9.05
1991/92
1,225
1,164
2,389
8.67
1992/93
1,327
1,236
2,563
9.30
1993/94
1,437
1,673
3,110
11.28
1994/95
1,569
1,904
3,473
12.60
1995/96
1,675
1,886 -
3,561
12.92
1996/97
1,790
2,018
3,808
13.82
1997/98
1,910
2,141
4,051
14.70
1998/99
2,029
2,097
4,126
14.97
1999/2000
2,155
2,090
4,245
15.40
2000/01
2,268
2,433
4,701
17.06
2001/02
2,381
2,437
4,818
17.48
2002/03
2,511
2,918
5,429
19.70
2003/04
2,662
3,071
5,733
20.80
2004/05
2,826
3,442
6,268
22.74
2005/06
3,005
3,646
6,651
24.13
2006/07
3,193
3,873
7,066
25.64
CONFIDENTIAL