HC Deb 02 March 1948 vol 448 c205
51. Mr. Thomas Reid

asked the Chancellor of the Exchequer if salaries paid to members of boards of nationalised industries are pensionable.

Sir S. Cripps

Apart from certain special cases where existing pension rights are preserved, there is at present no pension provision for members of the boards of socialised industries. Except in the case of the Airways Corporations, the relative legislation, however, enables such provision to be made.

Mr. T. Reid

Is it not misleading to compare the value of such salaries with pensionable salaries?

Sir S. Cripps

Certainly, Sir.

Major Guy Lloyd

Is the right hon. and learned Gentleman aware that I asked an exactly similar question of the Minister of Fuel and Power, who refused to answer on the grounds that he need not do so?

Sir S. Cripps

Well, I have answered this one.

Mr. Assheton

Would the right hon. and learned Gentleman say how he was able to get the information? Then he can tell his right hon. Friend.

Sir S. Cripps

From general knowledge on these matters.