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Proceeding contribution from Steve Webb (Liberal Democrat) in the House of Commons on Monday, 7 January 2008. It occurred during Debate on bill on Pensions Bill.


Pensions Bill

The Secretary of State made the valid point that expecting women to find thousands of pounds up front to pay for missing years and receive some pension would be prejudicial to poorer pensioners. In the past, however, his Department has allowed people to offset such contributions. If someone had to pay £2,000 to get £3,000 back, they would simply be paid the difference. The Government currently do so in a different scheme, so could that principle not be applied in this case?


Secondary information

Type
Proceeding contribution
Reference
470 c55 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Costs Advisory services Women Pension credit Personal income Workplace pensions Poverty Pensions Personal pensions Means-tested benefits Pension funds State retirement pensions Small businesses Reform National employment savings trust scheme
Legislation
Pensions Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk