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Transferred Staff (Superannuation)

Volume 480: debated on Monday 6 November 1950

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112.

asked the Minister of Transport if he will make a statement regarding the Regulations to be issued under the Superannuation (Miscellaneous Provisions) Act, 1948, affecting the superannuation position of former employees of the railway companies who have transferred to the Civil Service.

Regulations were made by the Treasury in September under the Superannuation (Miscellaneous Provisions) Act, 1948, providing in certain circumstances for pensionable service to be aggregated where an employee transfers from pensionable employment with a public board to the Civil Service or vice versa. The arrangements provided for by these Regulations are, however, appropriate only where the pension scheme of the public board is broadly equivalent to that of the Civil Service. The superannuation funds of the former railway companies now vested in the British Transport Commission are not of this nature, and the Commission are therefore not included in the bodies to which the Regulations apply. I am, however, informed that the Commission are considering, and will doubtless consult me later on the steps to be taken to meet the superannuation position of staff who transfer voluntarily from their service to the Civil Service.