HC Deb 18 November 2003 vol 413 cc733-4W
Mr. Wareing

To ask the Secretary of State for Transport if he will make a statement on the decision by Network Rail to close its final salary pension scheme. [139159]

Mr. McNulty

Network Rail's decision about its final salary pension arrangements is a matter for Network rail itself and the independent corporate trustee of the Railways Pension Scheme.

It is our understanding that there is no intention to breach the arrangements put in place to protect staff pensions on privatisation of the industry. The relevant final salary arrangement will still be open to protected rail industry staff who transfer voluntarily to Network Rail.