Scottish Transport Group Pension Fund

Treasury written question – answered on 26th October 2001.

Alert me about debates like this

Photo of Ms Annabelle Ewing Ms Annabelle Ewing Scottish National Party, Perth

To ask the Chancellor of the Exchequer if he will make it his policy to use money paid to the Exchequer from the Scottish Transport Group pension fund to make payments to Scottish Transport Group pensioners; and if he will make a statement.

Photo of Andrew Smith Andrew Smith The Chief Secretary to the Treasury

holding answer 18 July 2001

While there is no legal entitlement for Scottish Transport Group pension scheme members to share in the pension surplus at wind up, Scottish Executive Ministers, following agreement with Treasury Ministers, will make ex gratia payments to eligible pension scheme members when the scheme is would up of around £100 million.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.