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1124143

registered interest
date	01/05/2019
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	East Midlands Rail Franchise: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Transport, pursuant to the Answer of 25 April 2019 to Question 245609 on Railways: Franchises, whether the recent bidders for the East Midlands Trains franchise were subject to different requirements from those of previous bidders in respect of their responsibilities for pension contributions (a) now and (b) at a later date.
tabling member constituency	Sheffield South East
tabling member printed	Mr Clive Betts
uin	249825
answer	answer is ministerial correction date of answer 08/05/2019 answer text <p>No. Since privatisation, train operators have always been, and will continue to be, responsible for paying employer pension contributions required under the schedule of contributions applicable during their franchise term. There are no plans to change this arrangement.</p> answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones question first answered 08/05/2019 12:58:37 answering member 3996 label Biography information for Andrew Jones
tabling member	394 label Biography information for Mr Clive Betts

1121555

registered interest
date	11/04/2019
answering body	Department for Transport
answering dept id	27
answering dept short name	Transport
answering dept sort name	Transport
hansard heading	East Midlands Rail Franchise: Pensions
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Transport, whether the current east midlands trains franchise was the first one to require bidders to cover pension costs.
tabling member constituency	Sheffield South East
tabling member printed	Mr Clive Betts
uin	244026
answer	answer is ministerial correction date of answer 24/04/2019 answer text <p>The Railways Pension Scheme was established in 1994, replacing the previous British Rail scheme. Contributions in to the Railways Pension Scheme are split according to a shared cost arrangement, whereby employers (the Train Operating Companies) pay 60% and employees pay the remaining 40%. Train Operating Companies are and continue to be responsible for paying employer pension contributions during a franchise term, and in the vast majority of franchises, have been on full risk for changes to those contributions during their franchise term since the Railways Pension Scheme was established.</p><p>In the new East Midlands franchise, the operator is exposed to no additional risks or demands when compared to current franchisees. Indeed, the new franchise includes a risk sharing mechanism with the government, which reduces the risk that the operator will be exposed to. In this, the operator retains the risks that it is able to manage, which are the contributions which cover employee’s pension rights arising from future service.</p><p> </p> answering member constituency Harrogate and Knaresborough answering member printed Andrew Jones question first answered 24/04/2019 13:01:00 answering member 3996 label Biography information for Andrew Jones
tabling member	394 label Biography information for Mr Clive Betts