Early day motion tabled by primary sponsor Paul Flynn (Labour), on Monday, 2 July 2001, in the House of Commons. It is signed by 60 members in total.

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PENSIONS UPRATING

That this House congratulates the Government on the April 2001 pension uprating which, for the first time in over 25 years, will exceed the percentage increases in both prices and average earnings; welcomes the changes proposed in the minimum income guarantee to ensure that all pensioners benefit from the pension increase; notes the Government Actuary's advice that despite the proposed cuts in employers' contributions, the balance in the National Insurance Fund will be sufficient to pay for pension increases in line with earnings until 2007; and urges the Government to restore the link with earnings so that the basic pension will remain a dependable foundation on which people of all ages can build for their retirement.

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Secondary information

Type

Early day motion

Reference

58 

Session

2001-02

Subjects

State retirement pensions Uprating

Link

View this Early day motion on www.parliament.uk