UK Parliament / Open data

Public Service Pensions and Judicial Offices Bill [Lords]

Debate on bills on Tuesday, 22 February 2022, in the House of Commons, led by Simon Clarke. The answering member was Tulip Siddiq.
Report stage. Government new clause 7 (Parliamentary procedure for judicial schemes: transitory provision), discussed with new clause 1 (Guidance to public service pension scheme managers on investment decisions), new clause 2 (Investment decisions in funded schemes), new clause 3 (Investment decisions in funded schemes: fossil fuel assets), new clause 4 (Review of the impact of this Act on fairness), new clause 5 (Guidance), new clause 6 (Impact on the recruitment of new holders of judicial offices), new clause 8 (Compensation of losses incurred by closure of legacy schemes), new clause 9 (Equality impact analysis of provisions of this Act), new clause 10 (Report on losses incurred by closure of legacy schemes), amendments and Government amendments. New clause 7 agreed to. New clause 1 agreed to on division (229 votes to 81). New clause 8 negatived on division (198 votes to 301). Government amendments agreed to. Third reading. Agreed to on question.

About these Parliamentary proceedings

Reference

709 cc203-292 

Session

2021-22

Department

Treasury

Legislative stage

Third reading and Report stage

Chamber / Committee

House of Commons chamber

Proceeding contributions

Simon Clarke | 709 c204 (Link to this contribution)

I beg to move, That the clause be read a Second time.

Baroness Winterton of Doncaster | 709 cc204-7 (Link to this contribution)

With this it will be convenient to discuss the following:

New clause 1—Guidance to public s...


Show all contributions (86)
Simon Clarke | 709 cc207-8 (Link to this contribution)

It is a pleasure to open this debate. I wish briefly to remind Members why this is such an import...

Tulip Siddiq | 709 cc208-210 (Link to this contribution)

The pandemic has underlined the contribution made by the public sector workforce to this country....

Robert Jenrick | 709 cc210-1 (Link to this contribution)

I rise to speak to new clause 1, which is in my name. The new clause empowers the Secretary of St...

Peter Grant | 709 c211 (Link to this contribution)

May I just probe the right hon. Gentleman’s last point a wee bit? My bank account is stuffed full...

Robert Jenrick | 709 c211 (Link to this contribution)

I shall come on in a moment to my own personal views with respect to boycott, divestment and sanc...

Matthew Offord | 709 c211 (Link to this contribution)

Will my right hon. Friend give way?

Robert Jenrick | 709 c211 (Link to this contribution)

I would like to make some progress, but I will give way.

Matthew Offord | 709 c211 (Link to this contribution)

Is my right hon. Friend aware that, only this morning, Hertfordshire County Council was consideri...

Robert Jenrick | 709 c211 (Link to this contribution)

Yes, I do, and I will give some other examples of local authorities considering the same actions ...

Andy Slaughter | 709 c211 (Link to this contribution)

Will the right hon. Gentleman give way?

Robert Jenrick | 709 c211 (Link to this contribution)

I will make a bit of progress and then I will return to the hon. Gentleman.

All too often, ...

Christian Wakeford | 709 c212 (Link to this contribution)

Will the right hon. Gentleman give way on that point?

Robert Jenrick | 709 c212 (Link to this contribution)

I will come back to the hon. Gentleman. I appreciate his interest.

The latest example of th...

Andy Slaughter | 709 c212 (Link to this contribution)

The right hon. Gentleman said earlier that this is public money. He will be aware that the Suprem...

Robert Jenrick | 709 cc212-3 (Link to this contribution)

The hon. Gentleman makes an important point. The Supreme Court raised two central arguments. One ...

Christian Wakeford | 709 c213 (Link to this contribution)

I am one of those fortunate Members who sit on a local pension board. One of the issues that is o...

Robert Jenrick | 709 c213 (Link to this contribution)

I am grateful to the hon. Gentleman for his support for this new clause, as I am to all those hon...

Robert Jenrick | 709 c214 (Link to this contribution)

I will give way to my right hon. Friend the Member for Preseli Pembrokeshire (Stephen Crabb) and ...

Stephen Crabb | 709 c214 (Link to this contribution)

My right hon. Friend is making a powerful speech and I commend him on how he has gone about bring...

Robert Jenrick | 709 c214 (Link to this contribution)

My right hon. Friend makes a series of powerful points, which I entirely agree with. In particula...

Andrew Percy | 709 c214 (Link to this contribution)

My right hon. Friend is making an excellent speech. The founder of the BDS movement is, of course...

Robert Jenrick | 709 cc214-5 (Link to this contribution)

I am grateful to my hon. Friend for his intervention and for the work he does on antisemitism. He...

Scott Benton | 709 c215 (Link to this contribution)

My right hon. Friend is making an excellent speech and I commend him on tabling this new clause. ...

Robert Jenrick | 709 c215 (Link to this contribution)

I agree strongly with both my hon. Friend’s points. On his second point, the motion before Wirral...

Peter Grant | 709 cc215-7 (Link to this contribution)

As I said on Second Reading and in Committee, the SNP supports the intention behind this Bill and...

Richard Burgon | 709 c217 (Link to this contribution)

Does the hon. Gentleman share my concerns that the new clause tabled by the right hon. Member for...

Peter Grant | 709 c217 (Link to this contribution)

The hon. Member is absolutely right. If the new clause was intended purely to limit the activitie...

Lloyd Russell-Moyle | 709 c217 (Link to this contribution)

The hon. Gentleman is making an interesting argument about why the new clause is too wide. Is the...

Peter Grant | 709 cc217-8 (Link to this contribution)

I will come on to that later. We need to remember, in all of this, that the trustees of any pensi...

Stephen Crabb | 709 c218 (Link to this contribution)

I am listening closely to the hon. Member’s argument, but I am afraid I just do not accept the po...

Peter Grant | 709 c219 (Link to this contribution)

I certainly cannot agree with the right hon. Gentleman. As I have made perfectly clear, how the B...

Peter Grant | 709 c219 (Link to this contribution)

I will give way once more, but I am aware of the time.

Robert Jenrick | 709 c220 (Link to this contribution)

As a matter of law, what the hon. Member is saying is not correct. Pensions within the public sec...

Baroness Winterton of Doncaster | 709 c220 (Link to this contribution)

Order. I am keen that we do not just have a whole debate about BDS. I want the amendments to be a...

Peter Grant | 709 c220 (Link to this contribution)

I made the point much earlier that the amendment is not about BDS; BDS is not mentioned anywhere ...

John McDonnell | 709 cc220-1 (Link to this contribution)

I declare an interest in that I am a member of the local government pension scheme. I want to add...

Andy McDonald | 709 c221 (Link to this contribution)

Does my right hon. Friend agree that the clumsy way in which new clause 1 has been worded will cr...

John McDonnell | 709 c221 (Link to this contribution)

I agree with the first point, but let me take up that last point, because I just want to explain ...

Chris Stephens | 709 cc221-2 (Link to this contribution)

If this new clause had been in legislation in the 1980s, it would have covered South Africa, and ...

John McDonnell | 709 c222 (Link to this contribution)

I was chair of finance at the Greater London Council at that time, and I would regularly turn up ...

Dan Poulter | 709 c222 (Link to this contribution)

On the right hon. Gentleman’s point about his own pension fund, I do not think there would be man...

John McDonnell | 709 c222 (Link to this contribution)

I was once, in my callow youth, an adviser to the mineworkers pension scheme, and then I was an a...

John McDonnell | 709 c222 (Link to this contribution)

Yes, but then I want to move on to my amendments.

Lloyd Russell-Moyle | 709 c222 (Link to this contribution)

Is there not a problem with this, in that it leaves the Secretary of State to decide what the for...

John McDonnell | 709 cc222-6 (Link to this contribution)

I would also come out fairly pragmatically and say that there may be some countries that, accordi...

Christine Jardine | 709 cc224-7 (Link to this contribution)

This is an important Bill, but Liberal Democrats believe there are still several serious concerns...

Zarah Sultana | 709 cc227-8 (Link to this contribution)

I rise to speak to new clause 1. The year was 1985. After a campaign lasting decades, 123 council...

Lloyd Russell-Moyle | 709 c228 (Link to this contribution)

The Israeli Labor and Meretz parties, our sister parties in Israel, have both written to the lead...

Zarah Sultana | 709 c228 (Link to this contribution)

Yes, it does, and I was proud to stand on a Labour manifesto committed to that policy, too.

Andy Slaughter | 709 cc229-231 (Link to this contribution)

Perhaps I should begin by following the example of my right hon. Friend the Member for Hayes and ...

Chris Stephens | 709 c230 (Link to this contribution)

I will be brief, having been on the Bill Committee. First, I should probably declare that I am a ...

Simon Clarke | 709 cc230-2 (Link to this contribution)

I thank all right hon. and hon. Members who have spoken today. I appreciate the constructive way ...

Simon Clarke | 709 c232 (Link to this contribution)

Very briefly, but I am conscious of the need to make progress.

John McDonnell | 709 c232 (Link to this contribution)

I just need the Minister to say that it will be an employer cost, not a member cost.

Simon Clarke | 709 c232 (Link to this contribution)

The cost of remedy sits with the employer, namely the Exchequer.

John McDonnell | 709 c232 (Link to this contribution)

Let us be absolutely explicit. With regard to the cost control mechanism, is it the case that thi...

Simon Clarke | 709 c232 (Link to this contribution)

I can confirm that the liability for this rests with the Exchequer. It will be a reform scheme-on...

John McDonnell | 709 c232 (Link to this contribution)

Correspondence is not good enough. Put it on the record.

Simon Clarke | 709 c232 (Link to this contribution)

I will ensure that it is on the record.

My right hon. Friend the Member for Newark (Robert ...

Simon Clarke | 709 c232 (Link to this contribution)

I am sorry, but I must make progress.

The Government have been paying particular attention ...

Paula Barker | 709 c233 (Link to this contribution)

I thank the Minister. He has been very generous. Can he confirm that new clause 1 has nothing to ...

Simon Clarke | 709 c233 (Link to this contribution)

On the contrary, it has everything to do with BDS, because, rather than promoting co-existence, d...

Andrew Percy | 709 c233 (Link to this contribution)

I thank the Minister for confirming that the new clause does indeed have everything to do with BD...

Simon Clarke | 709 cc233-4 (Link to this contribution)

I thank my hon. Friend for what he has said, and I can confirm that we will be accepting the new ...

Tulip Siddiq | 709 c234 (Link to this contribution)

I am grateful that the Minister is answering all the questions that I posed in my speech, but I w...

Simon Clarke | 709 cc234-6 (Link to this contribution)

The cost sits with both members and employers, but the liability rests with the Exchequer in rela...

Simon Clarke | 709 cc246-7 (Link to this contribution)

I beg to move, That the Bill be now read the Third time.

I would like to make a short state...

Robert Buckland | 709 c247 (Link to this contribution)

Will my right hon. Friend give way?

Robert Buckland | 709 c247 (Link to this contribution)

On a point of technical detail, I do not wish to put my right hon. Friend on the spot, but can he...

Simon Clarke | 709 c247 (Link to this contribution)

Further to my opening speech, I can confirm that that is the case.

In conclusion, this Bill...

Tulip Siddiq | 709 cc247-8 (Link to this contribution)

I echo all the thanks that the Minister has given, and I thank him for meaningfully engaging with...

Toby Perkins | 709 c248 (Link to this contribution)

On a point of order, Mr Deputy Speaker, the Government announced that they were doing a review of...

Nigel Evans | 709 c248 (Link to this contribution)

I thank the hon. Member for his point of order and his notice of it. I have been given no notific...

Louise Haigh | 709 c248 (Link to this contribution)

On a point of order, Mr Deputy Speaker. The bus covid recovery funding will expire at the end of ...

Nigel Evans | 709 c248 (Link to this contribution)

I thank the hon. Member for her point of order and her forward notice of it. Again, I have receiv...

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