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Proceeding contribution from Lord Hutton of Furness (Labour) in the House of Commons on Tuesday, 16 January 2007. It occurred during Debate on bill on Pensions Bill.


Pensions Bill

My hon. Friend makes a good point. At present, the limit on trivial commutation is set at £15,000. It is right that that should be subject to ongoing review and continual analysis. We in the Department will do that, together with our ministerial colleagues in the Treasury. I assure hon. Members that we are aware that the matter needs proper scrutiny.


Secondary information

Type
Proceeding contribution
Reference
455 c664-5 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Child benefit Carers Age Costs Women Employment Eligibility Expenditure Divorce Grandparents Index linking Pension credit Personal savings Low incomes Pay Workplace pensions Poverty Pensions Payments Personal pensions National insurance contributions Part-time employment Means-tested benefits Older workers Married people Low pay Lone parents Overseas residence Social security benefits State retirement pensions Reform Retirement Uprating Life expectancy Labour market Personal Accounts Delivery Authority State second pension
Legislation
Pensions Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk