Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Wednesday, 4 July 2007. It occurred during Debate on bill on Pensions Bill.

Pensions Bill

My Lords, I apologise for not dealing with that. The numbers that I quoted are net of that. I have a tabulation assuming 100 per cent take-up and 15 per cent take-up of the UK component and the overseas component, and that comprises gross pension costs, net pension costs and is net of benefit reductions, the revenue from class 3 contributions and the net impact. I would be happy to share those figures in more detail with the House. That work has been genuinely going on. We need to be very careful about going down a route to help people which has serious, wider ramifications.

Secondary information

Type: Proceeding contribution
Reference: 693 c1045-6
Session: 2006-07
Chamber / Committee: House of Lords chamber
Subjects: Carers Age Women Employment Electoral register Increases Discrimination Guaranteed minimum pensions Parents Workplace pensions Pensions Public sector National insurance contributions Rebates Older workers Overseas residence State retirement pensions Training Rural areas Retirement Widowed people Life expectancy
Legislation: Pensions Bill 2006-07
Link: View this Proceeding contribution on www.publications.parliament.uk

Pensions Bill

Secondary information

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