Question to the Ministry of Defence:
To ask the Secretary of State for Defence, pursuant to the Answer of 28 June 2021 to Question 18563 on Merchant Navy Officers Pension Fund, what estimate he has made of the potential future cost to the public purse in the (a) short term and (b) long term in relation to the Royal Fleet Auxiliary’s role as a sponsoring employer of the Merchant Navy Ratings Pension Fund scheme.
The Royal Navy is a participating employer for the Merchant Navy Pension Fund for Royal Fleet Auxiliary (RFA) personnel who were members of this scheme prior to the RFA transitioning to the main Civil Service Pension Scheme. The fund closed to new members on 31 May 2001 and is in the process of running down.