Public Sector Pensions: McCloud Remedy
Graeme Downie Excerpts(1 day, 20 hours ago)
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Christine Jardine
As I say, these delays are having a significant impact on people’s lives.
Graeme Downie (Dunfermline and Dollar) (Lab)
I thank the hon. Member for securing this important debate. I have had a number of cases come into my office as well. My constituent Gavin Templeton, who served 25 years of dedicated service in the Fife constabulary, was forced to return to work because his incorrect pension was so low. Does she agree that it is time we did much more to support hard-working public servants like Gavin to receive the full pensions they worked so hard for?
Christine Jardine
I thank the hon. Member for raising a very good point, which I will come to later. I agree completely; this has been particularly difficult for many people in the light of the crises we have faced in recent years, with the soaring cost of living and sky-high energy bills.
This is what has happened to my constituents in Edinburgh West who have come to me with their issues with the administration of the remedy—not the remedy, but the administration of it—and the possible future impact on other pension schemes. One of my constituents who was affected is a retired police officer who served 25 years. His pension scheme was forcibly changed in 2017 to the CARE—career average revalued earnings—scheme, which was found to be discriminatory. He retired in February 2023 with his 25% lump sum, on the assumption that the remedial scheme would be in place by October that year. He estimates that he is now owed more than £30,000 in terms of both his commuted lump sum from the new scheme and the lower monthly pension. He is also one of thousands of immediate detriment officers still waiting for their remediation letter from the pension authorities, despite claims that the number of retired officers receiving these has accelerated, including in Scotland.
Another constituent started working for Lothian and Borders police, as it was, in 1996 and retired in 2022, knowing he would only receive his pension for his service between 1996 and 2015, while the remedy was calculated. He was told at the time that he would receive his remediable service statement by April 2025, three years after his retirement. He also estimates a loss in pension income of more than £30,000, given that seven years of his service to our community was not counted when he first retired.
A third constituent of mine has raised a possible issue that he faces when retiring with an NHS pension. The Government’s approach to NHS pension remedies means that pension growth will be calculated under an older scheme from 2008, even if he believes this rollback leaves those in the middle of their careers vulnerable to artificial breaches of the annual pension allowance and significant income tax charges because of the set-up of the 2008 scheme used for calculation.
Spending Review 2025
Graeme Downie Excerpts(1 week, 2 days ago)
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Rachel Reeves
The allocation has now been made to the Department for Transport. We have not set out every project that that will fund, but I am sure the Transport Secretary will come to this House or the relevant Select Committee in due course.
Graeme Downie (Dunfermline and Dollar) (Lab)
I thank the Chancellor of the Exchequer for putting her faith in young people and the future with investments in the AI, nuclear and defence opportunities that young people in Scotland deserve, alongside £1.2 billion for training and apprenticeships. Meanwhile, in my constituency, Fife college has recently warned about course cuts and campus closures, thanks to the mismanagement of the Scottish budget by the SNP. Does she agree that the best way to get young people the opportunities they deserve in defence, nuclear and other industries is with a Scottish Labour Government and Anas Sarwar as First Minister?
Rachel Reeves
We saw in the by-election last week how desperate the people of Scotland are for change, after two decades of SNP so-called leadership. We are investing in training and apprenticeships in this spending review, and I very much hope that the SNP will match that investment in Scotland.
Inheritance Tax: Family-owned Businesses
Graeme Downie Excerpts(2 weeks, 3 days ago)
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Graeme Downie (Dunfermline and Dollar) (Lab)
I congratulate the hon. Lady on securing this debate on a very important issue. Like herself, I have spoken to GAP, as well as other family businesses in my constituency. Does she agree that although the Government are absolutely right to ensure that we have enough funding to pay for public services through tax changes, one option might be to allow businesses to pay inheritance tax in the way proposed if that business is passed on to another family member, so that the tax liability is still met, but in a way that does not impact on future generations and allows the businesses to succeed and thrive?
Susan Murray
It is important to look at all ways to make sure we have a system that does not cause the demise of family-owned businesses.
Spring Statement
Graeme Downie Excerpts(2 months, 3 weeks ago)
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Rachel Reeves
I am proud of what GCHQ does to keep our country safe. Part of what we are doing around the defence budget, above the lift to 2.5%, is including some of the work of the Security Service that, increasingly, is crucial for our national security and defence. That is on top of the 2.5%. As we protect defence spending, it is right that we take into account GCHQ and other security agencies as well. I am very happy to work with the hon. Gentleman to ensure that we maximise the benefits for so many constituencies, including Cheltenham.
Graeme Downie (Dunfermline and Dollar) (Lab)
May I thank the Chancellor for her statement and welcome the increase in defence spending, which represents a huge opportunity for Scottish workers? I was delighted to have her visit Rosyth in my constituency recently. Will she work to ensure a continuous shipbuilding programme in this country to maximise the opportunities for Scottish workers? Does she agree that it is utterly shameful that those workers have been ignored by the SNP for the past 18 years? Also, will she confirm that this Labour Government will always value the role of shipbuilding for our economy and our national defence?
Rachel Reeves
I could not agree more with my hon. Friend. It is just a shame that there are no SNP members in the Chamber—although there are so few of them—to hear what he said. Perhaps my hon. Friend would write to the SNP and ask them why they refuse to back the defence sector in the United Kingdom and specifically in Scotland.
Oral Answers to Questions
Graeme Downie Excerpts(6 months, 2 weeks ago)
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Darren Jones
The Government have no overall estimate of the impact of the UK’s exit from the EU, but the OBR has projected a 4% drop in productivity in the long term. That is why we are starting negotiations with the EU to improve trade in our mutual interest.
Graeme Downie (Dunfermline and Dollar) (Lab)
Darren Jones
The Government recognise that ports are an important route to growth, which is why the national wealth fund will deploy at least £5.8 billion into five priority manifesto sectors, including ports. I would be happy to meet my hon. Friend to discuss that specific constituency issue in due course.