§ Ms Rachel SquireTo ask the President of the Board of Trade (1) if there will be an evaluation of the British Coal staff superannuation scheme prior to privatisation; and if the Government will provide funds to meet the costs;
105W(2) whether the three-year evaluation of the British Coal staff superannuation scheme will continue; when the next evaluation will take place; and if Her Majesty's Government will provide funds to meet the cost of such an evaluation.
§ Mr. EggarIt is proposed that after the privatisation of British Coal the industry pension schemes should have valuations at intervals of not more than three and a half years. The possibility of a further valuation of the staff superannuation scheme before privatisation is a matter for the trustees. The costs of valuations will continue to be met from scheme funds.