Written question asked by Lord Jones (Labour), in the House of Commons. It was due for an answer on Monday, 13 January 1997. It was answered by Cheryl Gillan (Conservative) on Monday, 13 January 1997 on behalf of the Department for Education and Employment.
Dept for Education and Employment
- Question
- What assessment she has made of the adequacy of current teachers' superannuation regulations to deal with teachers aged 55 years and over in the local education authorities of Wales.
- Answer
-
Mr. Jones: To ask the Secretary of State for Education and Employment what assessment she has made of the adequacy of current teachers' superannuation regulations to deal with teachers aged 55 years and over in the local education authorities of Wales. [9979] Mrs. Gillan: Under the current regulations, the costs of premature retirement are pooled among all employers of teachers, and are brought to account some years after the event. This system does not encourage employers to behave prudently. Under the proposed new arrangements, since employers will have to pay the extra cost of each premature retirement as and when they make it, they will make more considered, prudent, decisions. These considerations apply to local authorities in Wales and to all other teachers' employers.
Secondary information
- Type
- Written question
- Reference
- 9979; 288 c63W
- Session
- 1996-97
- Subjects
- Local education authorities Workplace pensions Teachers Wales
Librarians' tools
- Timestamp
- 2025-02-27 17:05:23 +0000
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