| Amendments proposed to the Pensions Bill - continued | House of Commons |
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Malcolm Wicks 382 Clause 120, page 75, line 36, after 'quotation"' insert ', in relation to a scheme,'.
Malcolm Wicks 465 Clause 120, page 75, line 40, after 'scheme', insert 'from the reconsideration date'.
Malcolm Wicks 383 Clause 120, page 75, line 46, leave out from 'member's' to 'rights' in line 47 and insert 'entitlement or accrued rights (including pension credit rights within the meaning of section 124(1) of the Pensions Act 1995 (c.26)) under the scheme rules (other than his entitlement or'.
Malcolm Wicks 466 Clause 120, page 75, line 48, leave out from 'benefits),' to end of line 2 on page 76 and insert 'whichever benefits can, in the case of that member, be secured at the lower cost.'.
Malcolm Wicks 384 Clause 120, page 76, line 2, at end insert—'"scheme rules", in relation to a scheme, means—
Malcolm Wicks 467 Clause 121, page 76, line 24, at end insert—'(2A) Where the Board makes a determination for the purposes of subsection (2), it must issue a determination notice and give a copy of that notice to—
Malcolm Wicks 468 Clause 122, page 77, line 4, leave out 'or 121' and insert', 121 or [duty to assume responsibility for closed schemes]'.
Malcolm Wicks 469 Clause 122, page 77, line 7, at end insert—'(3A) In a case to which section [duty to assume responsibility for closed schemes] applies, a transfer notice may not be given until the valuation obtained under subsection (3) of that section is binding.'.
Mr David Willetts 263 Clause 122, page 77, line 9, after 'Regulator', insert—
Mr David Willetts
363 Clause 123, page 77, line 24, after 'time', insert 'other than obligations to make restitution to the Board for wilful default prior to the Board assuming responsibility'.
Mr David Willetts
411 Clause 123, page 77, line 42, at end insert—'(7) The trustees or managers of such a scheme shall be discharged from any further liabilities of whatsoever nature; and they will in addition receive an indemnity and hold harmless agreement from the Board.'.
Mr David Willetts 413 Schedule 6, page 191, line 40, at end insert—'2A Any claims for unfair dismissal or other breach of a contract of employment arising therefrom are payable in full by the Board.'
Mr David Willetts 355 Schedule 7, page 193, line 11, leave out from 'means' to end of line 13 and insert '90%'.
John Robertson 417 Schedule 7, page 193, line 11, leave out from 'means' to '100%' in line 13.
Malcolm Wicks 476 Schedule 7, page 193, line 19, leave out from 'if,' to end of line 23 and insert 'paragraph 32(3A) applies.'.
Mr David Willetts 356 Schedule 7, page 193, line 24, leave out sub-paragraph (7).
Mr David Willetts 357 Schedule 7, page 193, line 31, at end insert—'(7A) The Board shall have the power to review any early retirements that have taken place in the three years prior to the Pension Protection Fund assuming responsibility for that scheme and to make retrospective adjustments if it appears that inappropriate early retirements have taken place that have caused unfair advantage to certain scheme members.'.
John Robertson 421 Schedule 7, page 194, line 7, leave out 'half' and insert 'the same proportion of'.
John Robertson 422 Schedule 7, page 194, line 10, at end insert 'as the proportion of that pension which would have been payable under the rules of the scheme before the assessment date'.
Malcolm Wicks 477 Schedule 7, page 194, line 35, leave out from 'if' to end of line 38 and insert 'paragraph 32(3A) applies.'.
John Robertson 423 Schedule 7, page 195, line 15, leave out 'half' and insert 'the same proportion of'.
John Robertson 424 Schedule 7, page 195, line 19, at end insert 'as the proportion of that pension which would have been payable under the rules of the scheme before the assessment date'.
John Robertson 425 Schedule 7, page 197, line 4, leave out 'half' and insert 'the same proportion of'.
John Robertson 426 Schedule 7, page 197, line 8, at end insert 'as the proportion of that pension which would have been payable under the rules of the scheme before the assessment date'.
Steve Webb 406 Schedule 7, page 197, line 8, at end insert—'(3A) Regulations shall provide that such compensation shall, in prescribed circumstances, also be payable to a surviving unmarried partner of the pensioner.'.
John Robertson 427 Schedule 7, page 199, line 39, leave out 'half' and insert 'the same proportion of'.
John Robertson 428 Schedule 7, page 199, line 42, after 'died,', insert 'as the proportion of that pension which would have been payable under the rules of the scheme before the assessment date'.
John Robertson 429 Schedule 7, page 199, line 44, leave out 'half' and insert 'the same proportion of'.
John Robertson 430 Schedule 7, page 199, line 46, after 'paragraph', insert 'as the proportion of that pension which would have been payable under the rules of the scheme before the assessment date'.
Malcolm Wicks 478 Schedule 7, page 200, leave out line 11 and insert—'(3) The compensation is a lump sum equal to 90% of the protected amount. (3A) In sub-paragraph (3) "the protected amount" means the aggregate of—'.
John Robertson 418 Schedule 7, page 200, line 11, leave out '90%' and insert '100%'.
Malcolm Wicks 479 Schedule 7, page 200, line 41, leave out '27' and insert '25'.
John Robertson 419 Schedule 7, page 201, line 10, leave out '90%' and insert '100%'.
John Robertson 431 Schedule 7, page 202, line 30, leave out 'half' and insert 'the same proportion of'.
John Robertson 432 Schedule 7, page 202, line 33, at end insert 'as the proportion of that pension which would have been payable under the rules of the scheme before the assessment date'.
John Robertson 433 Schedule 7, page 202, line 35, leave out 'half' and insert 'the same proportion of'.
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