Penny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

The answer to the honourable senator's question is as follows:

(1) There are no excess earnings from the Future Fund. To the end of 2010 the Future Fund’s earnings have been less than the long-term benchmark return set out in the Investment Mandate.

(2) The updated estimates of the cost of alternative indexation arrangements for Commonwealth superannuation pensions that are available on the Department of Finance and Deregulation website sets out updated information on this matter.