I thank the hon. Gentleman for that intervention. I understand from what the Minister said earlier that the initial recommendations will be made by the summer. We certainly want them to be made as soon as possible. We did get a commitment to a time scale from the Minister today, and I welcome that fact that it is to happen by the summer.
The combination of the extra funds already committed by the Government and the review of how best to use the assets of the schemes in wind-up might be enough to fund an increase up to the PPF level. The Government have not given a commitment to do that, but there is a possibility that it will happen.
Pensions Bill
Proceeding contribution from
Julie Morgan
(Labour)
in the House of Commons on Wednesday, 18 April 2007.
It occurred during Debate on bills on Pensions Bill.
About this proceeding contribution
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459 c344 Session
2006-07Chamber / Committee
House of Commons chamberSubjects
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