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Proceeding contribution from Oliver Heald (Conservative) in the House of Commons on Thursday, 23 February 2012. It occurred during Debates on delegated legislation on Pensions and Social Security.


Pensions and Social Security

The right hon. Gentleman is being a bit naughty. It is a general provision in many pension schemes that there is a method of indexation, and it is often permissible to exceed it. To exceed the triple lock is not to break it; it is simply to be more generous. I do not think that ““overridden”” is the right word to use.


Secondary information

Type
Proceeding contribution
Reference
540 c1051 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Benefits rules Index linking Workplace pensions Pensions Social security benefits State retirement pensions Reform Uprating
Legislation
Social Security Benefits Up-rating Order 2012
Guaranteed Minimum Pensions Increase Order 2012
Pensions Act 2008 (Abolition of Protected Rights) (Consequential Amendments) (No. 2) (Amendment) Order 2012
Link
View this Proceeding contribution on www.publications.parliament.uk