Widows' and Orphans' Pension Scheme

HC Deb 13 December 1950 vol 482 c1140

19. Mr. Gammans

asked the Secretary of State for the Colonies when an actuarial investigation was last made into the East African Widows' and Orphans' Pension Scheme in Kenya, Uganda, Tanganyika and Zanzibar; and if these sums are kept in a special account.

Mr. J. Griffiths

The last investigation was completed in August, 1948. The problems raised by the report of the Government actuary are of considerable complexity and the Governments concerned have not yet been able to form their final views on the results of the investigation. Meantime most of the Governments are placing the contributions, which are payable into revenue, in special deposit accounts.

Mr. Gammans

Is it not a fact that the figures produced by this investigation show that far more money is being accumulated than is likely to have to be paid out according to the present actuarial tables?

Mr. Griffiths

I would rather wait until I have the views of the Governors on the report.