East Midlands Trains: Pensions

(asked on 1st May 2019) - View Source

Question to the Department for Transport:

To ask the Secretary of State for Transport, pursuant to Answer of 10 April 2019 to Question 243470, what estimate has he made of the amount of pension risk and liability the Government will be required to share on the East Midlands Trains as a result of the next actuarial valuation of the Railway Pension Scheme taking place December 2019.


Answered by
Andrew Jones Portrait
Andrew Jones
This question was answered on 13th May 2019

The 2019 actuarial valuation of the East Midlands section of the Railways Pension Scheme will be performed by the Scheme Actuary, and the outcome will depend on the assumptions used. The Department has taken advice from the Government Actuary’s Department on the potential range of future valuation outcomes.

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