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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

Entitlement to the basic state pension or the state second pension will be based on the number of qualifying years in which the person paid into it, as well as on where they live and what other rights they have when they retire. If they do not have 30 years-worth of contributions, but retire and are settled in the United Kingdom, they will be entitled to as much of the state pension as they have paid for, and potentially to a pension credit top-up, too. Those rights are portable, and it is important to remember, in the context of the European Union, that we have an obligation to pay pensions under the terms of various regulations, particularly the 1408 regulations. The system is relatively clear, and I am not really entirely sure what point of substance the hon. Gentleman was raising—


Secondary information

Type
Proceeding contribution
Reference
455 c666 
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