TNAG-2101-FCO40-2990-HM-Overseas-Civil-Service-(HMOCS)-policy-matters-1990 — Page 176

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