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Proceeding contribution from David Laws (Liberal Democrat) in the House of Commons on Tuesday, 16 January 2007. It occurred during Debate on bill on Pensions Bill.


Pensions Bill

I am grateful to the Minister for his clarification. I hope that we will seek to embed in the Bill the intention behind his comments. We are legislating not only for the period in which this Government will be in office but, he hopes, for the long term. We must therefore ensure confidence that the method of uprating will not be twisted around in the future. I hope that I am equally successful in getting the Minister to intervene on one other point in relation to the earnings link. It might be regarded in some places as a small point, and he will no doubt smile again when I mention it; I have mentioned it to him before. The issue is that of the frozen pensions of about 1 million UK citizens who now live abroad. The obvious injustice is that half those pensioners will get their pensions uprated by prices, and half will get no uprating at all in future.


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