HC Deb 16 November 1914 vol 68 cc253-4W
Mr. BRIDGEMAN

asked the President of the Board of Education how much would be required to raise the pensions of teachers in elementary schools compulsorily retired before 1912 to the same ex- tent as the pensions which were augmented by the recent grant of £250,000?

Mr. J. PEASE

The estimated cost of retrospectively extending the benefits of the Act of 1912 to those teachers who retired under the Act of 1898 is a capital sum of £596,889. The equivalent annual charge at 3 per cent. is a perpetual annuity of £17,907.