§ Mr. FieldTo ask the Secretary of State for Social Security what the expenditure incurred by the National
Scheme name Amount paid (£) Amount outstanding (£) Progress Minor Group Pension Scheme 2,825,000 70,377,280 The SSP bill has been capped at £66 million. A phased and gradually accelerating payment schedule has been agreed. Final payment due in 2020 Maxwell Communications Works Pension Scheme 20,000,000 10,467,802 It is expected that the scheme will make a final payment for the amount outstanding in the next two months Headington Pension Plan 727,109 49,236 Remaining balance is expected to be paid by the scheme Victoria Works 0 313,456 These three schemes have merged. Some SSPs may be paid AGB 0 10,012,704 AGB Research — 1,338,787 Maxwell Communications Pension Plan 0 10,168,744 The scheme is unlikely to make any SSP payment Maxwell Media Pension Plan 0 409,002 There is no prospect of this scheme making any SSP payment Totals 23,552,109 103,137,011
§ Mr. FieldTo ask the Secretary of State for Social Security how much of the expenditure incurred by the National Insurance Fund in paying the guaranteed minimum pensions of members of Maxwell scheme pensions who suffered as a result of the theft of pension funds has been repaid. [158199]
§ Mr. RookerA total of £23.6 million of State Scheme Premiums (SSPs) has been paid to the National Insurance Fund by Maxwell schemes. Further substantial payments will be made.