§ Mr. Ray PowellTo ask the Lord President of the Council, pursuant to his answer on 5 AprilOfficial Report, column 1132, to the right hon. Member for Manchester, Wythenshawe (Mr. Morris), on what date the report by the Government Actuary on the valuation of the parliamentary contributory pension fund, placed in the Vote Office on 4 April, came into operational effect, as it affects hon. and right hon. Members' contributions to the fund.
§ Mr. Newton[holding answer 18 April 1995]: The report of the Government Actuary on the valuation of the parliamentary contributory pension fund as at 1 April 1993 covers the general financial position of the fund and, as required by legislation, recommends the Exchequer contribution needed to meet the balance of the cost of the scheme.
The Government Actuary Department's report will not affect the contribution payable by hon. and right hon. Members. The Exchequer contributions rate recommendation is in respect of the financial year beginning after the Actuary's report is made, in this case, 1 April 1995.