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
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- Timestamp
- 2023-12-15 14:57:41 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_796780
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