UK Parliament / Open data

Fiscal Responsibility Bill

I have not answered the previous question yet. The principles of how we fund public sector pensions were established many years ago. Many have pondered on how to change the system, because many of us recognise—I think—that many of the pensions are paid on the basis of those who are retired now, so there is a major generational problem within the current methodology, which it would be good to confront. I do not think, however, that the Bill is intended to confront that problem, so I shall not discuss the matter further. However, perhaps the hon. Member for Stone (Mr. Cash) will tell us more.
Type
Proceeding contribution
Reference
504 c336 
Session
2009-10
Chamber / Committee
House of Commons chamber
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