Proceeding contribution from Lord Clarke of Hampstead (Labour) in the House of Lords on Monday, 11 May 2009. It occurred during Debate on bill on Postal Services Bill [HL].
Postal Services Bill [HL]
Amendment 33 33: Clause 15, page 8, line 11, at end insert— "(4) For the purposes of sections 16 and 17(2), references to the RMPP include references to any occupational pension scheme sponsored by the original holding company to provide relevant pension benefits for senior executives, and the terms "qualifying member of the RMPP" and "qualifying accrued rights" shall be construed accordingly. (5) For the purposes of subsection (4) "relevant pension benefits" are benefits payable to or in respect of people on their retirement, on having reached a particular age or on termination of service in employment, other than money purchase benefits within the meaning of section 181 of the Pension Schemes Act 1993 (c. 48) (general interpretation)."
Secondary information
- Type
- Proceeding contribution
- Reference
- 710 c862
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Consumers Companies Directors Annual reports Finance Government shareholding Protection Pensions Post offices Prices Postal services Ofcom Post Office Regulation Taxation Royal Mail Reorganisation Universal service obligation Shared ownership schemes TNT Employee ownership
- Legislation
- Postal Services Bill (HL) 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 11:34:23 +0100
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