§ Mr. McNamaraTo ask the Secretary of State for Education if the Government's proposals to privatise the administration of the teachers pension fund will require secondary legislation. [28153]
§ Mr. Robin SquireBefore a contractor could administer the teachers superannuation scheme, secondary legislation would be needed to delegate functions of administration to the contractor.
We have made it clear that we shall let a contractor only if it would provide better value for money than keeping the administration of the teachers superannuation scheme in the public sector.