Skip to main content

Proceeding contribution from Lord Hutton of Furness (Labour) in the House of Commons on Thursday, 22 February 2007. It occurred during Ministerial statement on Occupational Pensions.


Occupational Pensions

It is very difficult to quantify the figures with the degree of precision for which the hon. Gentleman and others have asked. That has been true from the beginning, and we have not tried to hide the fact that these are estimated figures. It is also worth remembering that the judge said that on any view these are large sums of money. We will not find a sensible way forward on this if people keep bandying sums of money around and claiming that they are affordable. We have to find the money, and the only sensible place to find it from is general taxation. That is a very significant issue, which we must all consider as we think about the right way forward.


Secondary information

Type
Proceeding contribution
Reference
457 c430 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Appeals Damages Department for Work and Pensions Department of Social Security EU law Insolvency Legal costs Judgements Leaflets Maladministration Workplace pensions Pensions Misrepresentation Parliamentary Commissioner for Administration Pension funds Pension rights European Court of Justice High Court
Link
View this Proceeding contribution on www.publications.parliament.uk