§ Mr. ClappisonTo ask the Secretary of State for Health if she will make a statement on the report by the Government Actuary on his valuation of the national health service superannuation scheme in England and Wales 1984 to 1989. [18763]
§ Mr. MaloneI have today placed copies of the report in the Library.
The report concludes that the rate of contribution required from employers to meet the scheme's future liabilities, after taking account of employees' contributions, should remain at 4 per cent. The scheme's liabilities do not include the cost of pensions increase, most of which is currently met by the Exchequer.
I have decided to accept the Government Actuary's recommendation.