Written Question · S2W-06362 · Session 2
How much interest has accrued on the original sums that it agreed for ex gratia payments to former members and dependants of former members…
The question
To ask the Scottish Executive how much interest has accrued on the original sums that it agreed for ex gratia payments to former members and dependants of former members of the Scottish Transport Group pension schemes from the time of the announcement of the sums to the time of the payment and whether it will ensure that such interest is paid out to those eligible for ex gratia payments in addition to any payments already made.
The answer
The £126 million allocatedto provide the programme of ex-gratia payments to former members of the Scottish Transport Group pension schemes is a fixed amount and, in common withmost government programmes, does not vary along with the timing of theindividual payments.
In the Official Report
No contribution in the Official Report cites S2W-06362 by reference.