Oral Answers to Questions

Debate between George Eustice and Steve Webb

Monday 19th July 2010 Commons Chamber

[Steve Webb]

I am grateful to the Chair of the Select Committee on Work and Pensions for her question, as this matter has not been well understood. Statute provides a floor above which occupational pension schemes have to operate. In other words, we will not force occupational pension schemes to cut their increases; we simply provide a floor, which used to be linked to the RPI and is now linked to the CPI. Schemes remain entirely free to go beyond that if they wish.

[George Eustice (Camborne and Redruth) (Con)]

4. What discussions he has had with the Industrial Injuries Advisory Council on industrial injuries linked to the mining industry.