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Proceeding contribution from Lord Bellingham (Conservative) in the House of Commons on Thursday, 7 December 2006. It occurred during Estimates day on Occupational Pensions.

Occupational Pensions

My right hon. Friend has highlighted two important problems with the FAS: first, solvent employer schemes are excluded; and, secondly, anyone more than 15 years from pension age is excluded, which affects quite a few of my constituents. The Government said that the extension to the FAS would be worth £1.9 billion. Is my right hon. Friend aware that the present cash value of the extension is only £540 million? The Government have to be clear about what the extension is worth.

Secondary information

Type
Proceeding contribution
Reference
454 c523 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Workplace pensions Pensions Ombudsman Parliamentary Commissioner for Administration Health Service Commissioner
Link
View this Proceeding contribution on www.publications.parliament.uk