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Proceeding contribution from Mark Hunter (Liberal Democrat) in the House of Commons on Wednesday, 13 January 2010. It occurred during Adjournment debate on IBM Pension Scheme.


IBM Pension Scheme

The Minister is being generous with her time. Further to the point that was just made, would she agree with a constituent of mine who e-mailed me to state:""IBM has used these changes to force current employees over 50 into a 'Hobson's Choice' of either taking early retirement now or risking the massively worse impact of early retirement penalties in the future. This is really 'redundancy by stealth'"?" This is about not flexibility but redundancy by stealth, and there clearly is a loophole in current legislation that needs to be addressed.


Secondary information

Type
Proceeding contribution
Reference
503 c307WH 
Session
2009-10
Chamber / Committee
Westminster Hall
Subjects
Workplace pensions Monitoring Regulation IBM
Link
View this Proceeding contribution on www.publications.parliament.uk