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Proceeding contribution from Mike Freer (Conservative) in the House of Commons on Thursday, 17 February 2011. It occurred during Debates on delegated legislation on Social Security.


Social Security

The problem is that for public sector pensions, the fund can meet only 75% or 80% of future liabilities. If we do not reduce the indexation to reduce that drain on future liabilities, we will have to increase contribution rates. Which would the right hon. Gentleman do?


Secondary information

Type
Proceeding contribution
Reference
523 c1183 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Index linking Workplace pensions Social security benefits State retirement pensions Uprating Consumer prices index Average earnings
Legislation
Guaranteed Minimum Pensions Increase Order 2011
Social Security Benefits and Up-rating Order 2011
Link
View this Proceeding contribution on www.publications.parliament.uk