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House Of Commons' Members Fund

Volume 389: debated on Tuesday 25 May 1943

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asked the right hon. and gallant Member for Rye, as representing the Trustees, whether he is aware that the income of the House of Commons Members' Fund, derived from the statutory contributions of hon. Members, is proving to be 10 times as great as the calls on the fund; and whether, in these circumstances, he will obtain an early report from the Government Actuary, as provided under Section 3 of the House of Commons Members' Fund Act?

I apologise for my absence last week when this Question first appeared on the Paper. An interim report from the Government Actuary was obtained in January, 1943. The actuarial status of the Fund is that the accumulated reserve is not yet sufficient to meet all estimated demands which may be expected in the near future.

In view of the fact that this is a domestic issue of some interest at the moment to Members of this House, will my right hon. and gallant Friend consult with the Patronage Secretary with a view to our having an occasional discussion about it, say once every two years? We have not had any opportunity of discussing the management of the Fund or the position since the Act was passed.

Will my right hon. and gallant Friend consider raising the minimum limit for giving pensions to people?

The limits are laid down by the Act under which we are working, and the Fund has not yet been in operation over a General Election. I think it is likely that we may get a great deal of fresh experience after the next General Election.