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Proceeding contribution from Andrew Miller (Labour) in the House of Commons on Tuesday, 20 December 2011. It occurred during Ministerial statement on Public Service Pensions.


Public Service Pensions

The underestimation of life expectancy that occurred in the 1970s and the pension holidays of the 1980s put huge pressure on the pensions industry, both public and private. I welcome the fact that the right hon. Gentleman has set a high bar, but as part of that, will he ensure that pension holidays are no longer possible in the invested schemes, as that would mean building in a correction in case we underestimate longevity?


Secondary information

Type
Proceeding contribution
Reference
537 c1211 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Age Contributions Civil servants Civil service Increases Local government NHS Workplace pensions Pensions Public sector Pension rights Teachers Reform Retirement Uprating Consumer prices index
Link
View this Proceeding contribution on www.publications.parliament.uk