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Oral question asked in the House of Commons, by Derek Wyatt (Labour). It was answered on Monday, 9 January 2006 on behalf of the Department for Work and Pensions.


ASW Sheerness (Pension Scheme)

Question
I thank my hon. Friend for that reply. What will happen to the 80,000 or so people who are caught in this trap once the £400 million is spent? What is the Government's plan B on this issue?
Answer

We estimate that 15,000 will benefit from the financial assistance scheme as constructed. We have made it clear that we will review the scheme, including the amount of funding that is available for it, in the next spending review and, at that stage, decide whether it would be appropriate to change its details.


Secondary information

Type
Oral question
Reference
441 c12 
Session
2005-06
Oral question type
1st Supplementary
Chamber / Committee
House of Commons chamber
Related items
Allied Steel and Wire
Friday, 20 January 2006
Written questions
House of Commons
Subjects
Compensation Insolvency Financial assistance scheme Pensions ASW Sheerness
Link
View this Oral question on www.publications.parliament.uk