HC Deb 20 March 1959 vol 602 c80W
Mr. Patrick Maitland

asked the Parliamentary Secretary to the Admiralty to what extent Her Majesty's Government will be making a contribution to the pension scheme which Messrs. Bailey will be introducing for their employees in the dockyard in Malta.

Mr. T. G. D. Galbraith

In view the the special circumstances and the need to facilitate the transfer of Malta Dockyard to Messrs. Bailey, it is proposed that a contribution of up to £250,000 should be made from Navy Votes to the firm's pension scheme. Approval for this will be sought in due course in a Supplementary Estimate. Without a contribution of this order Messrs. Bailey would not be able to finance the provision of pensions for a number of men who will enter their service at a relatively advanced age, and who will have served with the Admiralty for many years.