§ Mr. CorbynTo ask the Secretary of State for Transport what representations he has received concerning the future of the London Transport pension fund; and if he will make a statement.
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§ Mr. NorrisWe have received a small number of representations including an approach from the Transport and General Workers Union.
§ Mr. CorbynTo ask the Secretary of State for Transport what is the current value of the London Transport pension fund; and what proportion of its value is attributed to London Buses.
§ Mr. NorrisThe value of the LRT pension fund as at 31 March 1993 was £2,022 million. Assets of the fund are not attributed to particular groups of employees.