§ Mr. Spearing
asked the Secretary of State for Education and Science if she will state the rate of interest assumed in calculating that a combined contribution of 14.2 per cent. would be required to finance that part of the teachers' superannuation arrangements known as the new entrants scheme.
§ Mr. St. John-Stevas
The rate of interest assumed in determining the new entrant contribution of 14.2 per cent. for the revised teachers' superannuation scheme was 5½ per cent.