Proceeding contribution from Lord Clarke of Hampstead (Labour) in the House of Lords on Tuesday, 31 March 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill [HL].
Postal Services Bill [HL]
I thank the noble Lord for his courtesy in referring to Amendment 55, which, because of my ineptitude or stupidity, I did not speak to in a meaningful way. I saw the links between the responsibility for any scheme that was wound up as being much the same and I used a bit of shorthand. If I had not had some good news from the House of Commons Business and Enterprise Select Committee earlier today, I would have given more time to making sure that the Committee had the benefit of my comments on Amendment 55. I am tempted to go over it again but I shall not do so because, when we come back on Report, we will have the chance to give these matters another airing. I was interested in the assurance about the segment that might go bust. As I understand it, the Secretary of State has one of the segments and one belongs to the privatised company and others. I am concerned about a private company having the same moral obligations that the Secretary of State would have by introducing this scheme. On the 90 per cent, is it right that the employer will be required to pay into that protection fund?
Secondary information
- Type
- Proceeding contribution
- Reference
- 709 c1038-9
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Conditions of employment Contracts Industrial relations Finance Liability EU law Insolvency Government assistance Government shareholding Private sector Pensions Partnerships Post offices Pension funds Pension Protection Fund Postal services Ofcom Postal Services Commission Post Office Modernisation Regulation Voting rights Technology Royal Mail TNT
- Legislation
- Postal Services Bill (HL) 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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