Pensions.

Oral Answers to Questions — Aviation. – in the House of Commons at on 5 March 1935.

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Photo of Mr Kenneth Lindsay Mr Kenneth Lindsay , Kilmarnock

46.

asked the Chancellor of the exchequer how many pensions schemes provided by private firms for their employés have been approved under the Finance Act, 1921; and whether he has any information as to how many employés, staff or otherwise, are covered by such schemes?

Mr. CHAMBERLAIN:

At the 30th September, 1934, the pension schemes approved under Section 32 of the Finance Act, 1921, numbered 1,641, but I regret I am unable to say how many of these schemes were provided by private firms as distinct from companies, or how many employés are covered by the schemes.

Photo of Mr Rhys Davies Mr Rhys Davies , Westhoughton

Will that figure cover co-operative societies and trade unions

Mr. CHAMBERLAIN:

I should think that it would cover co-operative societies.

Photo of Mr George Griffiths Mr George Griffiths , Hemsworth

May I ask whether it covers pit pensions which are financed entirely by the workmen and not by the employers?

Mr. CHAMBERLAIN:

Obviously not in view of the terms of the question.

Photo of Mr Kenneth Lindsay Mr Kenneth Lindsay , Kilmarnock

47.

asked the Chancellor of the exchequer how many public servants are at present in pensionable employment in each of the Government services, including the teaching profession, the Post Office, and local government service?

Mr. CHAMBERLAIN:

As the answer includes a number of figures I will, with my hon. Friend's permission, circulate it in the OFFICIAL REPORT.

Photo of Mr Kenneth Lindsay Mr Kenneth Lindsay , Kilmarnock

In view of the fact that a large number—nearly 2,000 firms—of progressive employers have inaugurated pension schemes, including a number of trade unions and also Government Departments, will my right hon. Friend reconsider his decision as to the necessity for a departmental inquiry in order to get at the facts which are so difficult to obtain?

Mr. CHAMBERLAIN:

I will consider it.

Following is the reply:

The numbers of persons in pensionable employment in the Civil Service on the 1st April, 1934, the latest date for which figures are available, were approximately as follow:

Non-IndustrialIndustrial
Post office133,00019,000
Other Departments88,00012,000

In the Defence Services the numbers of uniformed personnel in pensionable service are at present as follow:

Navy37,000
Army39,000
Air Force8,000

I regret that similar information as regards local government service and the teaching profession is not available.

Chancellor of the Exchequer

The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.

The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.

The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.

Post Office

http://www.postoffice.co.uk/

Post office

http://www.postoffice.co.uk/