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.
Fiscal Responsibility Bill
Proceeding contribution from
Mark Todd
(Labour)
in the House of Commons on Wednesday, 20 January 2010.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Fiscal Responsibility Bill.
Type
Proceeding contribution
Reference
504 c336 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 10:03:17 +0000
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