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 is no discrepancy as the tables do not present comparable data.

The ComSuper annual report figures are averages based on the total number of pensions being paid in a particular financial year and the total value of those pensions.

Table F2 of the Matthews Report provides information only for those who became pensioners between 2002-03 and 2007-08 inclusive.

(2) The figures in Table F2 of the report have no bearing on the estimates.

(3) The figures for the DFRDB as stated in Table F2 of the Matthews Review report are not in error.