Given the figures that have emerged today regarding the net additional cost of the gap between the price and the value of those increments for additional people who might come in—there are many less than robust assumptions about who might come in, and that is why the figures are difficult—what is the current deficit? At the moment, people are paying £161 million for 250,000 ““people years”” of class 3 contributions. What would the figures be if one applied the same arithmetic to the current arrangements?
Pensions Bill
Proceeding contribution from
Baroness Hollis of Heigham
(Labour)
in the House of Lords on Monday, 4 June 2007.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Pensions Bill.
About this proceeding contribution
Reference
692 c907 Session
2006-07Chamber / Committee
House of Lords chamberSubjects
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2023-12-15 11:24:20 +0000
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