It would be misleading to provide figures on the basis of speculative assumptions. To ask the Chancellor of the Exchequer what was the tax revenue arising from the sale of national lottery tickets for each of the last 12 months. The sale of national lottery tickets began in November 1994. Steam rollers pay the lowest rate of duty of any of the HGV tax classes, which represents a substantial saving over full rates of duty. No separate assessment has been made of employer contributions as a result of members opting out.
Actuaries perform regular valuations on public service schemes.
If they advise that employers' contribution rates needs adjusting to take account of the number of opted-out members, and any other factors, appropriate action to adjust the rate would be taken. Departments with superannuation votes bid for the sum of money that they estimate they need to cover the cost of pensions. This takes into account the level of employer contributions which are appropriated in aid against expenditure. If there are significant numbers opting out then, other things being equal, there will be an increase in the vote. Progression through the range is subject to satisfactory performance.