Proceeding contribution from Lord Freud (Conservative) in the House of Lords on Thursday, 3 March 2011. It occurred during Debate on bill and Committee proceeding on Pensions Bill [HL].
Pensions Bill [HL]
I tried to explain that. There are a few things happening here but the relevant thing is to try to allow people with large workforces to time it so that they can do things in bulk rather than having to individualise. That will allow us to get a single system running through rather than having to have separate systems. Administrative simplicity has been the guiding goal here and it is also the reason why we have abandoned the concept of postponement, which was again a slightly complicated two-tier system. We are trying to get to one tier and a great deal of administrative simplicity.
Secondary information
- Type
- Proceeding contribution
- Reference
- 725 c213GC
- Session
- 2010-12
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Women Employees' contributions Employers' contributions Personal income Low incomes Workplace pensions Pensions Temporary employment State retirement pensions Self-employed National employment savings trust scheme
- Legislation
- Pensions Bill (HL) 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 21:04:04 +0000
- URI
- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_720887
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