UK Parliament / Open data

Postal Services Bill

I thank the Minister for those further clarifications. They are helpful, although they trigger one or two queries. Any further clarity that can be provided in writing would certainly be helpful. I interpreted what the Minister said as the Government putting on record that if they seek to exercise their powers under Clause 17, they will consult the trustees. That is helpful. My point about the Crown guarantee was that after the transfer of liabilities or accrued rights to the new pension scheme, there remains a Royal Mail pension scheme with either liabilities or accruing liabilities, and it will remain an occupational pension scheme. I sought to clarify whether the Secretary of State would not exercise any powers over that remaining pension scheme in a way that undermined the protections afforded to the Royal Mail pension scheme under the normal range of occupational regulations. That was a key point. The Minister’s clarifications have been helpful. Ambiguities remain and I am sure that they will be the subject of further discussion. Any clarity that can be given to my noble friend Lord Young on what happens before the transfer would be helpful. I beg leave to withdraw the amendment. Amendment 24EB withdrawn. Clause 16 agreed. Clause 17 : Division of the RMPP into different sections Amendment 24EC Clause 17 : Division of the RMPP into different sections Amendment 24EC Tabled by

About this proceeding contribution

Reference

726 c1743-4 

Session

2010-12

Chamber / Committee

House of Lords chamber
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