Public Service Pensions Debate

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Department: HM Treasury

Public Service Pensions

Clive Betts Excerpts
Wednesday 2nd November 2011

(12 years, 6 months ago)

Commons Chamber
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Danny Alexander Portrait Danny Alexander
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Those proposals will be brought forward later. Police pensions are being considered by Tom Winsor in his second report. His recommendations will not be about the police alone, but we need to make sure that police officers get a proper, fair and decent pension for the contribution they make to our society.

Clive Betts Portrait Mr Clive Betts (Sheffield South East) (Lab)
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The Chief Secretary has once again said that all accrued rights will be protected. Will he confirm, however, that the change from the retail prices index to the consumer prices index will, in practice, affect the accrued rights of every single member of every public sector pension scheme?

Danny Alexander Portrait Danny Alexander
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I do not believe that that is a correct use of the term “accrued rights”. Of course we will protect the accrued rights in full. The RPI to CPI switch will have the effect that I described in my statement. That is the subject of a legal dispute at the moment, but it was the right decision by the Government.