§ 63. Mr. Goldingasked the Secretary of State for the Environment whether he will make an early statement on the Superannuation Act, 1972, regulations relating to local government officers.
§ Mr. Graham Page:My right hon. Friend hopes to make new regulations in the Autumn, after consulting bodies having an interest, embodying the main terms agreed between the employers and representative staff bodies.
The regulations will provide for all the new benefits to apply to any person whose retirement or cessation of employment begins on or after 1st April, 1972, and payments made in the meantime will be adjusted retrospectively as if the regulations had been in force from 1st April, 1972.