Will the hon. Gentleman discuss with the chief executive of the LPFA his opinion of clause 16, which will close the existing local government pension scheme and start a new one? As I understand it, closing it might trigger what are known as section 75 crystallisation of debt arrangements, and the burden could fall heavily on local authorities. Does he agree that the Economic Secretary needs to ensure that the crystallisation of costs does not fall disproportionately on local taxpayers?
Public Service Pensions Bill
Proceeding contribution from
Chris Leslie
(Labour)
in the House of Commons on Monday, 29 October 2012.
It occurred during Debate on bills on Public Service Pensions Bill.
Type
Proceeding contribution
Reference
552 c83
Session
2012-13
Chamber / Committee
House of Commons chamber
Librarians' tools
Timestamp
2023-11-26 10:11:17 +0000
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