HC Deb 11 January 1993 vol 216 cc657-8W
Mr. Simpson

To ask the Secretary of State for the Environment if he will delay implementation of the Local Government Superannuation (Membership) Regulations 1992 until the results of the Goode report on pension security are made known.

Mr. Robin Squire

If changes to the local government superannuation scheme are required following the publication of the pension law review committee report, statutory consultations will take place with the interested parties. Meanwhile, necessary amendments to the scheme will proceed.

Mr. Simpson

To ask the Secretary of State for the Environment if, in deciding when to commence implementation of the Local Government Superannuation (Membership) Regulations 1992, he will assess(a) the time required to set up mirror image funds, (b) the loss of rights experienced by employees resulting from any changeover, (c) the extent to which preserved benefits have been adequately indexed to reflect increases in earnings and (d) the extent to which transfer values represent the total worth of members' investments.

Mr. Robin Squire

These matters, together with the other representations received following the recent statutory consultation exercise, will be given careful consideration before decisions are taken on the final form and content of our amending regulations.