Business question from Nicholas Winterton (Conservative) in the House of Commons on Thursday, 2 April 2009. It occurred during Business statement on Business of the House.
Business of the House
I fully support the Leader of the House's statement that there should be cross-party discussions on Members' pay, allowances and expenses. Will that also include details that she gave in a ministerial statement on the parliamentary pension? The Government are recommending that there should be a 1.9 per cent. increase in Members' contributions to the pension fund. That will equate to an additional £60 a month out of Members' pay. Bearing in mind that, as of the first day of this month, we have been given a salary increase of 2.33 per cent., which equates to £68 a month, is this not a most unfortunate situation? We should bear in mind that the deficit on the pension fund is not due to Members, although it is a little bit due to longevity. It is mainly due to the fact that the Treasury, as the employer, has had a contribution holiday for 14 years.
Secondary information
- Type
- Proceeding contribution
- Reference
- 490 c1064-5
- Session
- 2008-09
- Chamber / Committee
- House of Commons chamber
- Subjects
- Contributions Members Pension funds
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-22 01:19:30 +0100
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