Part of the debate – in the Scottish Parliament at on 9 November 2023.
Collette Stevenson
Scottish National Party
The success of the fund will allow employers to reduce pension contributions for a couple of years while protecting pension payments for current and future beneficiaries. That will unlock additional resources for several local authorities, including South Lanarkshire. Will the Minister outline whether useful lessons will be learned from the success of the Strathclyde Pension Fund for other public sector investments?
Ministers make up the Government and almost all are members of the House of Lords or the House of Commons. There are three main types of Minister. Departmental Ministers are in charge of Government Departments. The Government is divided into different Departments which have responsibilities for different areas. For example the Treasury is in charge of Government spending. Departmental Ministers in the Cabinet are generally called 'Secretary of State' but some have special titles such as Chancellor of the Exchequer. Ministers of State and Junior Ministers assist the ministers in charge of the department. They normally have responsibility for a particular area within the department and are sometimes given a title that reflects this - for example Minister of Transport.