HC Deb 29 March 1993 vol 222 cc2-3W
Mr. Cryer

To ask the Secretary of State for Transport if he will introduce legislation to ensure that full pension obligations are guaranteed by British Rail and any successors; and if he will make a statement.

Mr. Freeman

As I informed Standing Committee B on 23 March, I intend to introduce a new clause and schedule to the Railways Bill to cover pension arrangements after the privatisation of British Rail. This will provide the required security of pension rights for the members of British Rail's pension schemes.

Mr. Cryer

To ask the Secretary of State for Transport what representations he has received regarding British Rail pension funds from (a) pensioners, (b) rail unions, (c) British Rail management and (d) prospective franchisees; and if he will make a statement.

Mr. Freeman

As I informed Standing Committee B on 23 March, we have received representations from many persons and bodies. We are still consulting on these issues, and we will announce the outcome once decisions have been taken.