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Proceeding contribution from Geoffrey Hoon (Labour) in the House of Commons on Thursday, 23 March 2006. It occurred during Business statement on Business of the House.


Business of the House

My hon. Friend has rightly identified that the Government’s responsibility in this matter is as the regulator of the pension fund, which means that we are obliged to ensure, on behalf of those who benefit from the fund, that it is properly funded. The issue between the trade union and the employers is one for them to negotiate, and we encourage negotiation rather than resorting to strike action. I should emphasise to my hon. Friend the importance of ensuring that this pension fund is properly funded; if it is not, the very people who are contemplating strike action will lose out because their pensions will not be payable at the rates they are expecting. I repeat: I urge all those involved to negotiate instead of resorting to strike action, and I hope that my hon. Friend will join me in that call.


Secondary information

Type
Proceeding contribution
Reference
444 c420-1 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Industrial disputes Local government Pensions Strikes
Link
View this Proceeding contribution on www.publications.parliament.uk