HC Deb 02 May 1901 vol 93 c457
MR. TULLY

I beg to ask the Chief Secretary to the Lord Lieutenant of Ireland whether he can state the names of the Government actuaries on whose report the National Teachers' Pension Fund was founded in 1879, and who were the actuaries who discovered the fund was not solvent in 1897, and whether he can state what was the increase of contributions from the teachers, and the diminution of pensions necessary, and the additional Government grant voted to put the fund on a sound basis.

MR. AUSTEN CHAMBERLAIN

The actuary on whose report the fund was established in 1879 was Mr. Denham Robinson. The actuaries who reported in 1897 that the fund was not solvent were Mr. Finlaison and Mr. Sutton. The increased contributions from the teachers are estimated to amount to about £13,000 a year from 1st January, 1898, but are not retrospective. The pensions have not been diminished. The Government grant is £18,000 a year.