§ Sir Ian Orr-Ewingasked the Minister of Housing and Local Government what 42W is the deficit in the London County Council's Staff Superannuation Provident Fund; what annual repayment will fall to be made by the Greater London Council; and what arrangements are proposed to ensure that this additional burden on the rates falls only upon the inner London boroughs on whose interests alone it has been incurred.
§ Mr. CrossmanThe London County Council runs its superannuation scheme under its own local Acts and I have no functions under those Acts. The Council is not required to report to me the deficit in its superannuation fund or the amount of annual payments which it is making into the fund to meet it. It is proposed that the Greater London Council should assume responsibility for such payments from 1st April 1965. After that date there will be many financial adjustments to be made arising from the reorganisation and these will be for the authorities concerned to work out in the light of the relevant circumstances.