HC Deb 26 October 1993 vol 230 c577W
Ms Estelle Morris

To ask the President of the Board of Trade (1) what access to the funds and assets of the Post Office superannuation and Post Office pension schemes will be afforded private companies who take over ownership in the event of privatisation of Post Office Counters Ltd., Royal Mail Ltd. and Parcelforce Ltd.;

(2) what arrangements are planned in the event of the privatisation of Post Office Counters Ltd., Royal Mail Ltd., and Parcelforce Ltd., for any staff made redundant to take their current pension entitlements with them to alternative employment.

Mr McLoughlin

The Government are continuing their review into the future structure and organisation of the Post Office. Once the Government have decided on the future of the Post Office and its constituent businesses, they will be able to consider any implications for pensions in detail. Until then, these questions are hypothetical.