§ Mr. Ryderasked the Secretary of State for Education and Science when he expects to publish the Government Actuary's report on the teachers superannuation scheme for the period 1976 to 1981; and if he will make a statement.
§ Sir Keith Joseph[pursuant to his reply, 19 December 1983, c. 7]: I presented the Government Actuary's report to Parliament on 19 December last. This specified increases in contributions of 1.05 per cent. of salary, bringing the total payable in respect of basic benefits to 15.45 per cent. Under present regulations governing the scheme the employee's rate is 6 per cent. and additions to benefits under the Pensions (Increases) Acts are not included in determining the contributions payable.
I do not propose to amend the regulations for the time being. For 1984–85 the contributions payable by employees and employers will be 6 per cent. and 9.45 per cent. respectively. However, I would remind the House of the Government's intention that employees in all the public services should pay realistic contributions for their superannuation benefits.