§ 34. Mr. McCrindle
asked the Secretary of State for Social Services whether he is satisfied with the number of firms 427W wishing to contract out of the State second pension scheme.
§ Mr. Orme
It is up to every employer with an occupational pension scheme to decide, after the necessary consultations, whether or not to contract out. With less than nine months remaining before the start of the new pensions scheme, however, it is most important that all employers proposing to contract-out should press on to help avoid a late rush of applications to the Occupational Pensions Board.