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University Teachers (Pensions)

Volume 951: debated on Tuesday 6 June 1978

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asked the Secretary of State for Education and Science what representations she has received from former university teachers who, after changing employment, abrogated their Federated Superannuated Scheme for Universities trust deed in order to join the teachers' superannuation scheme; and whether she will take steps to assist those whose pension prospects have been materially reduced as a result.

I presume that the question refers to trust deeds covering the assignment of policies out of FSSU to local education authority employers of the teachers to whom the policies relate. Regulations are being prepared with the intention of giving to teachers for whom such trust deeds are in force, on condition that the relevant policies are handed over to the Government, actuarially equivalent credit under the teachers' superannuation scheme; but any cases in which trust deeds have been abrogated have not been included. Representations have been received on behalf of one teacher who has chosen to take this exceptional course of action which is not a prerequisite for transfer to the teachers' superannuation scheme. There are no obvious steps which might be taken to assist this teacher but the matter is being pursued.