I cannot support these amendments because of the way in which they are framed, but, in principle, if one could devise a structure that ensured that there was no recourse to public funds, but because you needed to take an annuity to float you off benefit levels at a sum to be determined by the Secretary of State and, on the withdrawals of money, there was a fiscal adjustment so that it was financially neutral, would my noble friend then withdraw his objections?
Pensions Bill
Proceeding contribution from
Baroness Hollis of Heigham
(Labour)
in the House of Lords on Wednesday, 6 June 2007.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Pensions Bill.
About this proceeding contribution
Reference
692 c1151 Session
2006-07Chamber / Committee
House of Lords chamberSubjects
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2023-12-15 11:39:21 +0000
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