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

Pensions Bill

I hope that I can set the hon. Gentleman’s mind at rest. The arrangements proposed in the Bill are similar to those that exist for inflation, which allow some flexibility. The measure that we propose to use is the same as that which we use currently for uprating guarantee credit in line with average earnings. Such matters change over time, however, and it is important to leave the Government of the day with flexibility in that regard.

Secondary information

Type
Proceeding contribution
Reference
455 c697 
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