Written question asked by Alan Simpson (Labour) on Monday, 27 March 2006, in the House of Commons. It was due for an answer on Thursday, 30 March 2006. It was answered by Stephen Timms (Labour) on Thursday, 30 March 2006 on behalf of the Department for Work and Pensions.
Pensions
- Question
- To ask the Secretary of State for Work and Pensions what estimate he has made of the annual cost of implementing the Ombudsman's recommendations set out in his report Trusting in the Pensions Promise.
- Answer
-
We estimate that the gross average annual cost of restoring pensions in full to all those covered by the parliamentary ombudsman's report would be £250 million in cash terms over some 60 years. Annual costs would vary over time peaking at £400 million around the year 2030.
Secondary information
- Type
- Written question
- Reference
- 62321; 444 c1205W
- Session
- 2005-06
- Related items
- Subjects
- Insolvency Pensions
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2018-10-03 12:18:24 +0100
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- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1127774
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