Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Thursday, 17 July 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.
Pensions Bill
Originally there were about 10,000 Kindertransportees. We are aware of 150 individuals who might benefit from this. Nothing is being given up in terms of returning contributions to individuals. We propose to wipe these people’s insurance records—if that is what they want; it will not necessarily be beneficial for all—so that they do not have to be recognised when computing German pension provision. This is a cost on the German pension scheme. Nothing will happen at the UK end other than there being a record of people being credited into a system. If they wish, that will simply be expunged, but no refunds will be awarded in that regard. In a minority of cases it is possible that removing the pre-1948 insurance record could reduce a Kindertransportee’s entitlement to UK state pension. That is not the intended effect of these provisions, so we propose that the Secretary of State should have discretion to maintain an individual’s UK contributory benefits at their existing level should he wish to. They will not lose out on current UK entitlement. We simply wipe the record and create the opportunity for an increased German provision. I hope that that helps. On Question, amendment agreed to.
Secondary information
- Type
- Proceeding contribution
- Reference
- 703 c1395-6
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Annuities Energy Insurance Fuel poverty Germany Pay Workplace pensions Pensions Pension funds State retirement pensions Utilities Trusts Uprating Parliamentary Contributory Pension Fund Pensions Regulator
- Legislation
- Pensions Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 23:34:31 +0000
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