Amendments proposed to the Child Support, Pensions and Social Security Bill, As Amended - continued | House of Commons |
back to previous text |
Mr David Willetts 63 Page 68, line 37 [Clause 69], at end insert'( ) Nothing in this section shall apply to any healthcare provision by the employer, which shall be exempt from Class 1A National Insurance contributions.'.
NEW CLAUSES RELATING TO CHAPTER I OF PART IICalculation of Category B retirement pension
Mr Secretary Darling NC33 To move the following Clause:' .(1) In section 46 of the Social Security Contributions and Benefits Act 1992 (modifications of section 45 for calculating the additional pension in certain benefits), after subsection (2) there shall be inserted
whichever is the smaller number."
(3) In paragraph 5 of Schedule 8 to the Welfare Reform and Pensions Act 1999 (welfare benefits: minor and consequential amendments), sub-paragraph (b), and the word "and" immediately preceding it, shall be omitted.'.
Widows'/widowers' SERPS entitlements
Steve Webb NC7 To move the following Clause:'In section 52 of the Welfare Reform and Pensions Act, subsections (1) and (2) shall be left out, and there shall be inserted "(1) The Secretary of State may by regulations make such provision as is authorised by subsection (2) and one or more of subsections (3) to (4), (2) The regulations may provide for any prescribed provision of Part II of the Contributions and Benefits Act (contributory benefits) which relates to additional pension for widows or widowers to have effect, in relation to persons of any prescribed description (which shall include at least all those who had reached pensionable age on or before 5th April 2000), with such modifications as may be prescribed for securing
is increased by such percentage as may be prescribed (which may be 100 per cent, and which shall be 100 per cent for any person who had reached pensionable age on or before 5th April 2000).".'.
Age additions
Steve Webb NC8 To move the following Clause:'For section 79 of the Social Security Contributions and Benefits Act 1992 there shall be substituted "79.(1) A person who is above the specified age and who is entitled to a retirement pension of any category shall be entitled to an increase of the pension, to be known as 'age addition'. (2) Where a person is in receipt of a pension or allowance payable by the Secretary of State by virtue of any enactment or instrument (whether passed or made before or after this Act) and
he shall be entitled to an increase of that pension or allowance, also known as age addition. (3) In this section 'specified age' means an age specified by the Secretary of State in regulations. (4) Age addition shall be payable for the life of the person entitled, at weekly rates to be determined by the Secretary of State in regulations. (5) Regulations under this section may
Rate of introduction of state second pension
Steve Webb NC10 To move the following Clause:'.(1) In this section
(2) This section shall apply to any person reaching pensionable age after the end of the first appointed year. (3) In each State Second Pension year in which a person accrues state second pension entitlement, that person may elect to accrue an additional year's entitlement in respect of that year in substitution for their additional pension entitlement in respect of one SERPS year. (4) Such substitution may only take place in respect of SERPS years in which that person either paid National Insurance Contributions or was entitled to credits in lieu of National Insurance Contributions. (5) The Benefits Agency shall be required to notify any person to whom this section applies of their rights, and shall explain how those rights may be exercised to produce the maximum total entitlement to additional pension.'.
Date of payment of benefit
Steve Webb NC11 To move the following Clause:'.In section 5(1)(k) of the Social Security Administration Act 1992, at the end, there shall be inserted
Enhancement of the state personal pension
Mr David Willetts NC14 To move the following Clause:'.(1) A person shall be entitled to one extra year's accrual of State Second Pension
(2) The accrual to which a person is entitled under subsection (1) above shall be at the Stage 2 flat rate of the State Second Pension.'.
Publicity and the state second pension
Mr David Willetts NC17 To move the following Clause:'.(1) The provisions of Part II of the Act shall not come into force until such time as the Secretary of State shall have published in the London Gazette a statement containing estimates prepared by the Government Actuary's Department detailing the numbers of persons for whom
is likely to be suitable. (2) The statement under subsection (1) above shall be made immediately upon the introduction of Stage 1 of the State Second Pension. (3) The Secretary of State shall, by regulations laid before Parliament on the day this Act receives Royal Assent, provide for the monitoring of stakeholder pensions by the Financial Services Authority and the Government Actuary's Department. (4) The Secretary of State shall, before authorising a move to Stage 2 of the State Second Pension, consult with:
regarding the financial and any other implications of the implementation of Stage 2. (5) The Secretary of State shall, by regulations, set down the manner in which those representatives cited in subsection (4)(c) above shall be selected; and the regulations shall have effect from the day on which this Act receives Royal Assent. (6) The Secretary of State shall lay before Parliament a report of the consultation carried out under subsection (4) above, including but not limited to
Concurrency of pensions, rebates and extra monies
Mr David Willetts NC18 To move the following Clause:'.(1) A person shall be able to hold both a stakeholder pension and an occupational pension concurrently and without financial penalty. (2) Any rebates or extra monies that may be payable to a person, and which are greater for Stage 1 of the State Second Pension than for SERPS, shall be paid into a stakeholder pension.'.
|
| |
©Parliamentary copyright 2000 | Prepared 29 Mar 2000 |