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Options provided to BSPS members

FOI reference - FOI-3879

Date - 9 May 2019

Request

I would like to request all information you hold re the formulation of the Regulated Apportion Arrangement (RAA) and the options given to Members of the British Steel Pension Scheme (BSPS) to choose between the new scheme and the Pension Protection Fund (PPF).

Response

Under section 12 of the Freedom of Information Act (FoIA) public authorities are not obliged to comply with a request for information where the cost of complying would exceed the appropriate limit in the Freedom of Information and Data Protection (Appropriate Limit and Fees) Regulations 2004 (SI 2004/3244) which, for us, is set at £450. Staff costs are fixed at £25 per person per hour. This represents the estimated cost of one person spending 18 hours in determining whether we hold the information, locating, retrieving and extracting it.

I can confirm that the information you have requested is held, but in line with section 12 of the FoIA we are not able to provide the information to you because this would take us between 153 and 307 hours, depending on the complexity of the documents, to locate, retrieve and extract that information.

Advice and assistance

You may wish to refine your request by narrowing its scope and/or being more specific about what information you particularly want. This may enable us to respond to your request within the cost limit.

To assist in the narrowing of your request and minimize the likelihood of engaging section 21 (Information accessible to applicant by other means) of the FoIA you may wish to review the following information which is publicly available: