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Teachers' Superannuation

Volume 477: debated on Thursday 6 July 1950

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asked the Minister of Education why compound interest is now charged in respect of teachers' late contributions under the Teachers Superannuation (War Service) Act, 1939; and if he will excuse the payment of interest in cases when the teacher was invited by his Department to pay by instalments without reference to interest.

The practice of charging interest in respect of teachers' contributions is governed by rules made under the Teachers (Superannuation) Act, 1925. I understand, however, that there is some doubt as to the application of these rules to war service contributions, and the question is at present being re-examined. I will write to the hon. Member as soon as the point has been cleared. In the meantime, the latter part of the Question does not arise at this stage.