§ 59. Mr. Harry Howarthasked the Minister of Housing and Local Government if he will make a statement on the arrangements for transferring pension rights from railway superannuation funds to the local government service.
§ Mr. MacCollThe local authority associations, the railways boards and staff bodies have been consulted about draft rules under the Superannuation (Miscellaneous Provisions) Act, 1948, providing for the transfer of pension rights between various railway superannuation funds and local government superannuation schemes. Differences between the pension schemes have given rise to some difficulties but these have now been overcome. The draft rules are being revised in the light of the consultations and it is hoped to make them within the next two or three months. It is intended that they shall be retrospective to cover all persons who have transferred since the dates when railway superannuation funds became able to pay or receive transfer values.