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1723

 

House of Commons

 
 

Notices of Amendments

 

given on

 

Thursday 3rd April 2008

 

For other Amendment(s) see the following page(s) of Supplement to Votes:

 

1131-40, 1239, 1287, 1459-60, 1623, 1715, 1717 and 1721

 

Consideration of Bill


 

Pensions Bill, As Amended

 

Armed forces

 

Mr Secretary Purnell

 

NC18

 

To move the following Clause:—

 

‘(1)    

A person serving as a member of the naval, military or air forces of the Crown is

 

not, by virtue of that service, a worker for the purposes of this Part.

 

(2)    

A member of any of the forces specified in subsection (2) who assists the

 

activities of any of those forces is not, by virtue of anything done in assisting

 

those activities, a worker for the purposes of this Part.

 

(3)    

The forces are—

 

(a)    

the Combined Cadet Force;

 

(b)    

the Sea Cadet Corps;

 

(c)    

the Army Cadet Force;

 

(d)    

the Air Training Corps.’.

 

Mr Secretary Purnell

 

36

 

Page  40,  line  31,  leave out Clause 82.

 

Police

 

Mr Secretary Purnell

 

NC19

 

To move the following Clause:—

 

‘(1)    

This Part has effect in relation to a person who—

 

(a)    

holds the office of constable or an appointment as a police cadet, and

 

(b)    

does not hold that office or appointment under a contract of employment,


 
 

Notices of Amendments: 3rd April 2008                  

1724

 

Pensions Bill, continued

 
 

    

as if the person were employed by the relevant police authority under a worker’s

 

contract.

 

(2)    

A police authority that maintains a police force is the relevant police authority—

 

(a)    

in relation to a constable, if the constable is a member of that police force;

 

(b)    

in relation to a police cadet, if the cadet is undergoing training with a

 

view to becoming a member of that police force.’.

 

Danny Alexander

 

Paul Rowen

 

37

 

Page  6,  line  4  [Clause  9],  leave out lines 5 to 7 and insert ‘that all jobholders and

 

workers are entitled to 30 minutes of one to one generic advice either by phone or in

 

person, depending on their preference, that is—

 

(a)    

independent,

 

(b)    

publicly funded, and

 

(c)    

delivered through at least one advice centre in every parliamentary

 

constituency.

 

(3)    

A scheme under section 58 may not be implemented before the entitlement set out

 

in subsection (2) can be delivered.

 

(4)    

The Secretary of State must publish an annual report on the cost of delivering the

 

entitlement set out in subsection (2).’.

 

Danny Alexander

 

Paul Rowen

 

38

 

Page  2,  line  37  [Clause  3],  at end insert—

 

‘(8)    

The Secretary of State must publish an annual report on the impact of means-

 

tested benefits on automatically enrolled members of the scheme established

 

under section 58.

 

(9)    

Any report published under subsection (8) shall include details on the number of

 

pensioners facing marginal deduction rates of 40 per cent. and above.’.

 

Open market option as the default for the administration of personal accounts

 

Danny Alexander

 

Paul Rowen

 

NC20

 

To move the following Clause:—

 

‘(1)    

An annuity bought with funds saved through the scheme established under

 

section 50 or a qualifying scheme is a lifetime annuity if—

 

(a)    

it is payable by an insurance company,

 

(b)    

the member was required to select the insurance company from the open

 

market,

 

(c)    

it is payable until the member’s death or until the later of the member’s

 

death and the end of a term certain not exceeding 10 years, and

 

(d)    

it is a level annuity, an increasing annuity or a relevant linked annuity.

 

(2)    

An annuity is a level annuity if its amount does not vary from year to year.

 

(3)    

An annuity is an increasing annuity if its amount increases from year to year.

 

(4)    

An annuity is a relevant linked annuity if its amount varies from year to year but

 

only in line with changes in (or by an amount which does not exceed the amount

 

by which it would vary if it varied in line with changes in)—


 
 

Notices of Amendments: 3rd April 2008                  

1725

 

Pensions Bill, continued

 
 

(a)    

the retail prices index,

 

(b)    

the market value of freely marketable assets, or

 

(c)    

an index reflecting the market value of freely marketable assets.

 

(5)    

“Freely marketable assets” means assets which are sold on the open market at a

 

price not determined by the member.’.

 

Danny Alexander

 

Paul Rowen

 

39

 

Page  34,  line  38  [Clause  70],  at end insert—

 

‘(g)    

the UN Principles for Responsible Investment should be adhered to’.

 

Uprating pensions in line with earnings

 

Danny Alexander

 

Paul Rowen

 

NC21

 

To move the following Clause:—

 

‘The Pensions Act 2007 is amended as follows—

 


 

“In Section 5, subsection 4, delete from ‘means’ to end and insert ‘the tax year

 

beginning 1st April 2009’.”.’.

 


 
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