UK Parliament / Open data

Natural Environment and Rural Communities Bill

I shall make a point for when my noble friend writes to us all. We have used ““pensions”” interchangeably between meaning pension premiums and pensions that are paid after someone has retired. The Bill does not distinguish between the two; it just uses ““pensions””, which I presume—I am looking at the Box—means the same thing as pension premiums and retirement pensions. I am seeing nods. I think that that has led to some of the confusion, and it would be helpful if it could be spelt out. Obviously if you are receiving a salary and a pension is linked to the salary, you will be caught by the total amount of the pension premium and the tax allowances and so on. I refer back to the problem of board members, which we spoke about earlier. The remuneration that they would receive, even if they were paid a pension premium on top, would be very small indeed.
Type
Proceeding contribution
Reference
678 c742-3 
Session
2005-06
Chamber / Committee
House of Lords chamber
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