§ Sir WALTER MENZIES
asked the Secretary for Scotland if the amount of the 784W Grant from the Treasury in aid of the new superannuation scheme for teachers has yet been arranged; how much is it; and what amount consequently falls to be paid by the school boards and out of the Education Fund respectively to complete the money required to finance the scheme?
Mr. McKINNON WOOD
The amount of Grant from the Treasury for the ensuing year for the purpose named is approximately £45,000. The amount of the contribution which falls to be paid by school boards and other school managers has been estimated at £44,000, and the sum which will fall to be paid out of the Education (Scotland) Fund is estimated at £68,000, after allowing for the sum of £18,000 at present paid under Section 13 of the Education (Scotland) Act, 1908. Against the contribution to be made by school boards and other managers there must be set the relief they will obtain with regard to allowances now being paid, the annual amount of which would have increased rapidly but for the new superannuation scheme.