Proceeding contribution from Hugh Bayley (Labour) in the House of Commons on Monday, 7 January 2008. It occurred during Debate on bill on Pensions Bill.
Pensions Bill
As a former social security Minister, I am extremely pleased that the Government are moving towards a situation whereby it becomes the norm that employers pay pension contributions, but I worry whether 3 per cent. is enough to provide the sort of security that many people will require in retirement. What percentage of final income would a person on an average income have if the employer made a 3 per cent. contribution and an 8 per cent. contribution was made in total throughout that person's employment?
Secondary information
- Type
- Proceeding contribution
- Reference
- 470 c57-8
- 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
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- Timestamp
- 2025-01-13 13:08:27 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_431487
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