Further to the answer to question S1W-18626 by Lewis MacDonald on 28 November 2001, on what date the value of each Scottish Transport Group…

Publication and timing of publication of the Report and Accounts for both Scottish Transport Group pension schemes, which detail the scheme balances, are matters for the Trustees. The Scottish Transport Group Accounts for the year ended 31 March 2001, which will include a reference to the net surplus in the pension schemes, were presented to the Scottish Parliament on 14 December 2001. No estimates have been made by the Executive of the funds as at 31 March 2002.Under the rules of the schemes the sums remaining in the pension schemes on wind-up fall to the UK Exchequer. As I announced in the Parliament on 29 November, Scottish ministers have secured for distribution the full amount of the estimated increase in the net surplus between 31 March 2000 and 31 March 2001, an additional £18 million, by agreement with Treasury Ministers.