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Teachers' Superannuation Scheme

Volume 499: debated on Thursday 24 April 1952

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asked the Secretary of State for Scotland the total amounts paid in from 1934 to 1951, inclusive, by Scottish teachers and education authorities to the teachers' superannuation scheme; and what is the total amount paid out in pensions in the same time.

The total amounts of contributions paid in to the Scottish Teachers' Superannuation Scheme during the financial years from 1st April, 1934, to 31st March, 1952, were £10,608,000 by education authorities and other employers and £10,691,000 by teachers. The total amount paid out during the same period in retiring and other allowances, including increases under the Pensions (Increase) Acts, 1944 and 1947, but excluding the return of contributions, was £25,421,000. This amount may be subject to slight adjustment on settlement of the last quarter's accounts,