Written question asked by Robert McCartney (United Kingdom Unionist), in the House of Commons. It was due for an answer on Thursday, 20 March 1997. It was answered by John Wheeler (Conservative) on Thursday, 20 March 1997 on behalf of the Northern Ireland Office.

Northern Ireland Office

Question: What were the actual and accumulated deficits and surpluses over the last five years of the five largest public sector pension schemes in Northern Ireland. - Includes table of available figures.

Answer: Mr. Robert McCartney: To ask the Secretary of State for Northern Ireland what were the actual and accumulated deficits and surpluses over the last five years of the five largest public sector pension schemes in Northern Ireland; and if he will make a statement. [21008] Sir John Wheeler: Of the five largest public sector pension schemes in Northern Ireland, the teachers superannuation scheme, the principal civil service pension scheme (NI), the health and personal social services scheme (NI) and the RUC pension scheme are notionally funded/non-funded and therefore, the question of deficits and surpluses does not arise. For the Northern Ireland local government officers superannuation scheme the net money available for investment, that is, actual surplus for each of the last five years, is listed. _________________________________________________________________________________________________. Year Net money available for investment £ (million) 1991-92 48,758 1992-93 45,921 1993-94 34,066 1994-95 39,616 1995-96 45,993 _________________________________________________________________________________________________. It is not possible to provide a meaningful figure for accumulated surpluses over the past five years. However, the actuarial valuation of the fund at 31 March 1992 was £214 million and at 31 March 1995 was £304 million.

Secondary information