Teachers' Pensions

HC Deb 11 July 1995 vol 263 cc517-8W

Mr. Pope

To ask the Secretary of State for Education what plans she has to privatise the teachers' pension fund.

Mr. Robin Squire

My right hon. Friend has no such plans. In my announcement of 7 June,Official Report, columns 205 –7, I said that, whether or not we let a contract to administer the teachers' superannuation scheme, the scheme itself will stay in the public sector, on its current statutory basis. The scheme is unfunded.