Letter: Guarantees of protection for BR pension funds

Mrs G. Harper
Saturday 13 February 1993 00:02 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Sir: John MacGregor (letter, 11 February) writes:

The other possibility is for the Government to take over responsibility for the pensions of railway pensioners on an index-linked basis . . . If the Government did that, it would make sense if it took over the assets as well.

I would like to point out (as a British Rail pensioner's wife), we have for 11 years received an index- linked pension plus additional increases because of wise investment by the Pension Fund. Mr MacGregor will have to think of another excuse to get his hands on BR assets - or is the privatisation scheme itself being used to do that? Even Robert Maxwell would not have been as ingenious as this.

Yours faithfully,

DORIS HARPER

York

11 February

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in