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Proceeding contribution from Iain Duncan Smith (Conservative) in the House of Commons on Monday, 20 June 2011. It occurred during Debate on bill on Pensions Bill (Lords).


Pensions Bill [Lords]

I do not publish legal advice, but if the hon. Lady reads the coalition agreement, she will see the reasons. I ask her to study it carefully. I know that the hon. Lady is sincere in what she is saying, but I say one thing to her. She made it clear on the media earlier that it is the Opposition's policy to move the rise to 66 to 2022 and for it not to start before 2020. That would cost £10 billion. She will presumably have worked that out. Where does she intend to get that £10 billion? We have heard nothing from the Opposition about debt reduction or the financing of future pensions. She should know that her policy would cost £10 billion, and she should consider that important issue.


Secondary information

Type
Proceeding contribution
Reference
530 c50 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Age Contributions Capital rules Women Judges Personal savings Low incomes Workplace pensions Pensions State retirement pensions Reform Tax allowances Retirement Uprating
Legislation
Pensions Bill (HL) 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk