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Proceeding contribution from Baroness Turner of Camden (Labour) in the House of Lords on Tuesday, 15 March 2011. It occurred during Debate on bill and Committee proceeding on Pensions Bill [HL].


Pensions Bill [HL]

I thank the Minister for that detailed response. My aim in putting down the amendments was to give voice to a lot of the opposition that has been voiced to me in the letters and complaints that I have received after people have been notified that they are likely to have a different arrangement with regard to indexation from what they have hitherto expected. There is a lot of anger about it, so I put the amendments down. I am not exactly committed to the wording, but I wanted very much to voice that opposition and to say that the people concerned have real worries about what will happen to them and their pensions in future. I also thank my noble friend Lord McKenzie for what he had to say in support of his amendment. In default of getting anything like my amendment on to the statute book, his amendment seems very worthwhile because it means that the situation has to be reviewed and there is an attempt to ensure that what has happened is placed under survey at intervals. If it seems to be what you might call a soft answer, at least it is an improvement on what people think that they are facing in future. I will read carefully what the Minister has said. I found it interesting that modifications can be made, surveys are conducted and so on. That is very useful and I will look at it carefully.


Secondary information

Type
Proceeding contribution
Reference
726 c16-7GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
Subjects
Compensation Judiciary Gender Investment Employees' contributions Index linking Private sector Pay Workplace pensions Pensions Public sector Pension funds Pension Protection Fund Consumer prices index Pensions Regulator Transgender people
Legislation
Pensions Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk