Proceeding contribution from Danny Alexander (Liberal Democrat) in the House of Commons on Wednesday, 2 November 2011. It occurred during Ministerial statement on Public Service Pensions.
Public Service Pensions
I cannot give a specific example, because I do not have the necessary figures to hand, but I can say that I expect the lowest-paid people to benefit most from these arrangements. At present, those on the lowest salaries and with the flattest career paths contribute most to the pensions of the highest earners. The change to a career-average basis will ensure that many workers, particularly of the sort whom the hon. Lady has described, end up with more rather than less income in retirement. I consider that to be a right and proper reward for those people's commitment to public service.
Secondary information
- Type
- Proceeding contribution
- Reference
- 534 c938
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Contributions Workplace pensions Public sector Reform Trade unions Strike ballots Strikes
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2023-12-15 19:18:28 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_780893
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