§ Mr. Field
To ask the Secretary of State for Social Security what the expenditure incurred by the National
Scheme name Amount paid (£) Amount outstanding (£) Progress Minor Group Pension Scheme 2,825,000 70,377,280 The SSP bill has been capped at £66 million. A phased and gradually accelerating payment schedule has been agreed. Final payment due in 2020 Maxwell Communications Works Pension Scheme 20,000,000 10,467,802 It is expected that the scheme will make a final payment for the amount outstanding in the next two months Headington Pension Plan 727,109 49,236 Remaining balance is expected to be paid by the scheme Victoria Works 0 313,456 These three schemes have merged. Some SSPs may be paid AGB 0 10,012,704 AGB Research — 1,338,787 Maxwell Communications Pension Plan 0 10,168,744 The scheme is unlikely to make any SSP payment Maxwell Media Pension Plan 0 409,002 There is no prospect of this scheme making any SSP payment Totals 23,552,109 103,137,011
§ Mr. Rooker
A total of £23.6 million of State Scheme Premiums (SSPs) has been paid to the National Insurance Fund by Maxwell schemes. Further substantial payments will be made.