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| (a) | to report to him, within six months of the coming into force of this Act, on the operation of the system of reduced rate contributions for married women, and |
| (b) | to make make recommendations as to any redress that might be made in respect of women on the list.'. |
Indexation of overseas pensions
Steve Webb
Paul Holmes
NC6
To move the following Clause:—'From the date of coming into force of this Act, all state retirement pensions in payment to pensioners living outside the United Kingdom shall be subject to annual uprating by the same percentage rate as is applied to such pensions payable to pensioners living in the United Kingdom.'.
Annual update linked to earnings
Adam Price
NC9
To move the following Clause:—'The Secretary of State shall each year increase the basic retirement pension by not less than an amount equivalent to—
| (a) | the percentage increase in the general level of earnings during the preceding year; or |
| (b) | the percentage increase in the retail prices index during the preceding year, |
Kevin Brennan
299
Clause 196, page 122, line 30, leave out 'one-third' and insert 'one-half'.
Mr David Willetts
Mr Nigel Waterson
Mr George Osborne
Mr Peter Atkinson
Gregory Barker
Mr David Ruffley
295
Clause 196, page 122, line 31, after second 'trustees', insert 'and that not less than one third of this number shall be nominated by a recognised pensioners' association and in the case of a closed fund, the majority shall be member nominated trustees'.
Kevin Brennan
300
Clause 196, page 122, line 31, leave out ', and' and insert—
| '(aa) | that before those arrangements are made, reasonable steps have to be taken to consult the active members of the scheme, and'. |
Mr David Willetts
Mr Nigel Waterson
Mr George Osborne
Mr Peter Atkinson
Gregory Barker
Mr David Ruffley
266
Clause 196, page 122, line 31, at end insert—
| '( ) | that those arrangements are fair and open, and'. |
Steve Webb
Paul Holmes
280
Clause 196, page 122, line 32, after 'are', insert 'fair and open and are'.
Mr David Willetts
Mr Nigel Waterson
Mr George Osborne
Mr Peter Atkinson
Gregory Barker
Mr David Ruffley
| Steve Webb | Paul Holmes |
267
Clause 196, page 122, leave out lines 33 to 37 and insert—'( ) "Member-nominated trustees" are trustees of a pension scheme who—
| (a) | are nominated as a result of a process in which at least all active and pensioner members of the scheme are eligible to participate, and |
| (b) | are selected by a process including at least all active and pensioner members.'. |
Mr David Willetts
Mr Nigel Waterson
Mr George Osborne
Mr Peter Atkinson
Gregory Barker
Mr David Ruffley
296
Clause 196, page 122, line 37, at end insert—'(2A) a "recognised pensioners' association" shall be an organisation that represents at least 25 per cent. of pensioners from a particular occupational pension scheme and is duly constituted for the purpose of representing its members.'.
Kevin Brennan
301
Clause 196, page 123, line 2, leave out 'one-third' and insert 'one-half'.
Kevin Brennan
302
Clause 196, page 123, line 8, after 'provide', insert 'for the filling of vacancies within a reasonable period and'.
Kevin Brennan
303
Clause 197, page 123, line 37, leave out 'one-third' and insert 'one-half'.
Kevin Brennan
304
Clause 197, page 123, line 39, leave out ', and' and insert—
| '(aa) | that before those arrangements are made, reasonable steps have been taken to consult the active members of the scheme, and'. |
Mr David Willetts
Mr Nigel Waterson
Mr George Osborne
Mr Peter Atkinson
Gregory Barker
Mr David Ruffley
268
Clause 197, page 123, line 39, at end insert—
| '( ) | that those arrangements are fair and open, and'. |
Mr David Willetts
Mr Nigel Waterson
Mr George Osborne
Mr Peter Atkinson
Gregory Barker
Mr David Ruffley
269
Clause 197, page 123, leave out lines 41 to 45 and insert—'(2) "Member-nominated directors" are directors of a pension scheme who—
| (a) | are nominated as a result of a process in which at least all active and pensioners members of the scheme are eligible to participate and |
| (b) | are selected by a process including at least all active and pensioner members.'. |
Kevin Brennan
305
Clause 197, page 124, line 6, leave out 'one-third' and insert 'one-half'.
Kevin Brennan
306
Clause 197, page 124, line 12, after 'provide', insert 'for the filling of vacancies within a reasonable period and'.
Mr David Willetts
Mr Nigel Waterson
Mr George Osborne
Mr Peter Atkinson
Gregory Barker
Mr David Ruffley
297
Clause 198, page 125, line 2, leave out subsection (1).
Mr David Willetts
Mr Nigel Waterson
Mr George Osborne
Mr Peter Atkinson
Gregory Barker
Mr David Ruffley
298
Clause 198, page 125, line 10, at end insert—'(3) Trustees of an occupational pension scheme shall be bound to advise the pensioners' association executive committee, or such persons nominated by that executive committee, of any imminent changes, alterations or amendments to benefits, or any other amendments to an existing scheme before such changes, alterations or amendments are effected.
(4) The Pensions Regulator shall keep a register of recognised pensioner associations, pensioner trusts, and of pensioner trustees and record any recognition agreements submitted by any occupational pension schemes in respect thereof.'.
Kevin Brennan
307
Clause 200, page 126, line 25, at end insert—'(6) The trustees of an occupational pension scheme must ensure that persons wishing to become member-nominated trustees are given a reasonable opportunity to obtain the knowledge and understanding required by this section before they put themselves forward for selection.'.
Kevin Brennan
308
Clause 201, page 127, line 14, at end insert—'(8) A company to which this section applies must ensure that persons wishing to become an individual within the meaning of subsection (3) above are given a reasonable opportunity to obtain the knowledge and understanding required by this section before they put themselves forward for selection.'.
Kevin Brennan
309
Clause 202, page 127, line 29, at end insert—'(4) The Regulator must not take any step to enforce the obligations imposed upon individuals under section 200 and upon companies under section 201 until 12 months have elapsed since the individual concerned has been a trustee or begun to exercise any function which the company has as trustee.'.
Malcolm Wicks
278
Clause 203, page 128, line 17, after 'if' insert ', after the date on which he became employed by the transferor,'.
Kevin Brennan
310
Clause 204, page 129, line 8, leave out from 'scheme' to end of line 12 and insert 'is certified by the actuary to be broadly comparable to the occupational pension scheme referred to in section 203(1)(c)'.
Kevin Brennan
311
Clause 204, page 129, line 25, at end insert—'"actuary" means the actuary appointed by the trustees of the scheme referred to in section 203(1)(c) pursuant to section 47 of the Pensions Act 1995'.
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