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Pension Schemes

Volume 403: debated on Monday 14 April 2003

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To ask the Secretary of State for Culture. Media and Sport if she will list the (a) funded and (b) unfunded public sector pension schemes for which her Department, its agencies and its non-departmental public bodies are responsible; when the last actuarial valuation was of each scheme; what the value was of the assets at the last actuarial valuation of each scheme; what deficit is disclosed by the last actuarial valuation of each scheme; and if she will make a statement. [104917]

The pension arrangements for the Royal Parks Agency and the non-departmental public bodies for which the Department is responsible are as follows:

(a)Funded schemes

  • Local Government Pension Schemes
  • Film Council
  • Geffrye Museum
  • Horniman Museum
  • Museum of London
  • Museum of Science and Industry in Manchester
  • Sport England
  • UK Sport
  • Stand Alone Funded Schemes
  • Arts Council England
  • British Tourist Authority (Visit Britain)
  • Historic Royal Palaces
  • Horserace Betting Levy Board
  • Horserace Totalisator Board
  • National Endowment for Science, Technology and the Arts (NESTA)

  • (b) Unfunded schemes
  • Principal Civil Service Pension Scheme (PCSPS)
  • British Library
  • British Museum
  • Broadcasting Standard; Commission
  • Commission For Architecture and the Built Environment
  • Community Fund
  • English Heritage
  • Football Licensing Authority
  • Gaming Board for Great Britain
  • Imperial War Museum
  • National Gallery
  • National Heritage Memorial Fund
  • National Lottery Commission
  • National Maritime Museum (not for new staff)
  • National Museum of Science and Industry
  • National Museums and Galleries on Merseyside
  • National Portrait Gallery
  • Natural History Museum
  • New Opportunities Fund
  • Registrar of the Public Lending Right
  • Resource; The Council for Museums, Archives and Libraries
  • Royal Armouries
  • Royal Parks Agency
  • Sir John Soane's Museum
  • Tate Gallery
  • Victoria and Albert Museum
  • Wallace Collection

Details of the last actuarial valuation of the PCSPS can be found in the resource accounts of the Cabinet Office. The Department does not hold centrally data about the various funded scheme arrangements of its non-departmental public bodies. Further information is available in the annual accounts of each organisation which are placed in the Libraries of the House.