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3

 

House of Commons

 
 

Thursday 16 September 2010

 

Public Bill Committee Proceedings

 

Superannuation Bill


 

[third and fourth Sittings]


 

Tessa Jowell

 

Paul Goggins

 

Withdrawn  1

 

Clause  1,  page  1,  leave out lines 7 to 10 and insert—

 

‘(a)    

in the case of a person earning more than £30,000 per year, an amount

 

equal to that person’s pensionable earnings for 24 months;

 

(b)    

in the case of a person earning between £20,000 and £30,000 per year, an

 

amount either equal to that person’s pensionable earnings for 36 months,

 

or £60,000, whichever figure is lower;

 

(c)    

in the case of a person earning less than £20,000 per year, an amount

 

equal to that person’s pensionable earnings for 36 months.’.

 

Tessa Jowell

 

Paul Goggins

 

Not called  3

 

Clause  1,  page  2,  line  3,  at end insert—

 

‘(4A)    

Where a person is at least 50 with a minimum of 5 years’ service at the time of

 

this Bill coming into force a person in that case will be entitled to receive a

 

compensation benefit sufficient to buy out the actuarial reduction on their earned

 

pension under section 1 of the Superannuation Act 1972.’.

 

Tessa Jowell

 

Paul Goggins

 

Not called  2

 

Clause  1,  page  2,  line  4,  leave out subsections (5) and (6).

 

Clause Agreed to on division.

 


 

Tessa Jowell

 

Paul Goggins

 

Withdrawn  4

 

Clause  2,  page  3,  line  14,  at end insert—


 
 

Public Bill Committee Proceedings: 16 September 2010      

4

 

Superannuation Bill, continued

 
 

‘(2A)    

Section 1 shall not come into force until the Minister has laid a report of

 

consultations that have taken place with the workforce and their representative

 

trade unions under section 2(3) of the Superannuation Act 1972, and the House

 

of Commons has come to a Resolution on a Motion in the name of a Minister of

 

the Crown approving the report.’.

 

Tessa Jowell

 

Paul Goggins

 

Negatived on division  5

 

Clause  2,  page  3,  leave out lines 20 to 27.

 

Clause Agreed to on division.

 

Mr Nick Hurd

 

Agreed to  

 

That certain written evidence already reported to the House be appended to the

 

proceedings of the Committee.

 

Bill to be reported, without amendment.

 


 
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