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Early day motion tabled by primary sponsor Hywel Williams (Plaid Cymru), on Thursday, 7 January 2010, in the House of Commons. It is signed by 29 members in total.


ALLIED STEEL AND WIRE PENSIONS

That this House notes the recommendations of the Parliamentary and Health Service Ombudsman, which state that former Allied Steel and Wire (ASW) workers should be paid 100 per cent. compensation for their pension losses; further notes that the workers' pensions would have been safe if the Government had provided the protections that it assured workers had been put in place; further notes that workers and pensioners in Northern Rock, Bradford and Bingley and other failed banks have had 100 per cent. protection for their pensions, despite the existence of a Pension Protection Fund since 2005 that never promised 100 per cent. replacement for failed company workers' pensions; and calls on the UK Government to ensure that the former ASW workers can receive 100 per cent. compensation for losses from their pension funds.


Secondary information

Type
Early day motion
Reference
553 
Session
2009-10
Other sponsors
Peter Bottomley
Elfyn Llwyd
Adam Price
Robert N Wareing
Derek Wyatt
Subjects
Workplace pensions ASW
Link
View this Early day motion on www.parliament.uk