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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Wednesday, 9 March 2011. It occurred during Debates on delegated legislation on Social Security (Reduced Rates of Class 1 Contributions, Rebates and Minimum Contributions) Order 2011.


Social Security (Reduced Rates of Class 1 Contributions, Rebates and Minimum Contributions) Order 2011

Perhaps I can clarify that. The note to the order, which I cannot now put my hands on, refers just to the public sector in that regard. It puzzled me because I understand that these rebates operate between the LEL and the upper accrual point, which is fixed in cash terms, in order to move towards a flat-rating of the state second pension, so I would have thought that there would potentially be a loss to all contracted-out employees. Therefore, I do not understand the distinction that is made in the Explanatory Memorandum between public and private sector.


Secondary information

Type
Proceeding contribution
Reference
725 c274GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
Subjects
National insurance Workplace pensions National insurance contributions
Legislation
Social Security (Reduced Rates of Class 1 Contributions, Rebates and Minimum Contributions) Order 2011
Link
View this Proceeding contribution on www.publications.parliament.uk