Railway Pensions Schemes (Hansard, 20 April 1953)

§ Major Markham
asked the Minister of Transport if he can now give details of the new scheme for pensions for the wage grades working on British Railways.

§ Mr. Lennox-Boyd
It would be premature to make any announcement until the details have been finally agreed and approved. This may take some time.

§ Major Markham
asked the Minister of Transport if he can now give details of the scheme recently approved for improving the pensions of railway annuitants.

§ Mr. Lennox-Boyd
The details of the scheme are as follows:
CONDITIONS UNDER WHICH SUPPLEMENTATION WILL BE GRANTED
1. Supplementation will not be granted to persons receiving the State pension by reason of their being compulsory contributors for State pension at the time of retirement; nor to those who retired on ill-health pensions and receive State sickness, disablement or industrial injury benefits.
35W
2.Where an annuitant is in regular paid employment this will be taken into account in considering supplementation.
3.Pension, plus supplementation, not to exceed £140 per annum for a married couple,

BRITISH TRANSPORT COMMISSION SCALE OF SUPPLEMENTS TO CERTAIN PENSIONS

Total pension from transport sources Rate of supplementation per annum

10–14 years' service 15–19 years' service 20–24 years' service 25 years' service or over

£ £ £ £ £

Up to 55 … … … 20 25 30 35

56 … … … 19 24 29 34

57 … … … 18 23 28 33

58 … … … 17 22 27 32

59 … … … 16 21 26 31

60–75 … … … 15 20 25 30

76 … … … 14 19 24 29

77 … … … 13 18 23 28

78 … … … 12 17 22 27

79 … … … 11 16 21 26

80–95 … … … 10 15 20 25

96 … … … 9 14 19 24

97 … … … 8 13 18 23

98 … … … 7 12 17 22

99 … … … 6 11 16 21

100–120 … … … 5 10 15 20

121 … … … — 9 14 19

122 … … … — 8 13 18

123 … … … — 7 12 17

124 … … … — 6 11 16

125 … … … — 5 10 15

126 … … … — — 9 14

127 … … … — — 8 13

128 … … … — — 7 12

129 … … … — — 6 11

130 … … … — — 5 10

131 … … … — — — 9

132 … … … — — — 8

133 … … … — — — 7

134 … … … — — — 6

135 … … … — — — 5

NOTE.—Total pension from transport sources to include, where appropriate, the annuity value of the capital sum benefit from Superannuation Fund.

BRITISH TRANSPORT COMMISSION SCALE OF SUPPLEMENTS TO CERTAIN PENSIONS
Total pension from transport sources	Rate of supplementation per annum
10–14 years' service	15–19 years' service	20–24 years' service	25 years' service or over
£	£	£	£	£
Up to 55	…	…	…	20	25	30	35
56	…	…	…	19	24	29	34
57	…	…	…	18	23	28	33
58	…	…	…	17	22	27	32
59	…	…	…	16	21	26	31
60–75	…	…	…	15	20	25	30
76	…	…	…	14	19	24	29
77	…	…	…	13	18	23	28
78	…	…	…	12	17	22	27
79	…	…	…	11	16	21	26
80–95	…	…	…	10	15	20	25
96	…	…	…	9	14	19	24
97	…	…	…	8	13	18	23
98	…	…	…	7	12	17	22
99	…	…	…	6	11	16	21
100–120	…	…	…	5	10	15	20
121	…	…	…	—	9	14	19
122	…	…	…	—	8	13	18
123	…	…	…	—	7	12	17
124	…	…	…	—	6	11	16
125	…	…	…	—	5	10	15
126	…	…	…	—	—	9	14
127	…	…	…	—	—	8	13
128	…	…	…	—	—	7	12
129	…	…	…	—	—	6	11
130	…	…	…	—	—	5	10
131	…	…	…	—	—	—	9
132	…	…	…	—	—	—	8
133	…	…	…	—	—	—	7
134	…	…	…	—	—	—	6
135	…	…	…	—	—	—	5
NOTE.—Total pension from transport sources to include, where appropriate, the annuity value of the capital sum benefit from Superannuation Fund.