Proceeding contribution from Lord Hoyle (Labour) in the House of Lords on Monday, 20 April 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill [HL].
Postal Services Bill [HL]
I rise to support my noble friend. What we are on about here is the members and trying to protect them, because, as he said, while the two Governments were taking a holiday, the members were making their contributions to the scheme in any case. There has been talk of suspicion, fog, mist and a lack of clarity. I hope that when the Minister replies he will try to meet our misgivings; indeed, that he will end them and give us assurances that we have no need to fear what might happen. That will be a big test, because as my noble friend Lord Clarke has said, the members of the scheme are extremely suspicious of what might happen to the scheme and, indeed, what might happen to them. They have paid into a pension fund for such a long time and they want to ensure that it is protected. It is part of their security for the future and was part of wages they deferred in the past in going forward. Therefore, I hope that my noble friend Lord McKenzie can give us some reassurances, or at least some details that we can look at to see whether we have the kind of reassurances that we actually need.
Secondary information
- Type
- Proceeding contribution
- Reference
- 709 c1290
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disability Devolved matters Consumers Bus services Assets Bank services Closures Fees and charges EU law Investment Low incomes Northern Ireland Workplace pensions Public sector Public consultation Older people Staff Post offices Pension funds Postal services Parcels Ofcom Postal Services Commission Post Office Scotland Small businesses Regulation Shares Working hours Wales Tax allowances Taxation Trusts Rural areas Royal Mail Universal service obligation Girobank
- Legislation
- Postal Services Bill (HL) 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 10:54:27 +0100
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