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Speech in Westminster Hall - Wed 06 Feb 2019
Pensions Dashboard

"It is a pleasure to serve under your chairmanship, Ms Ryan. I congratulate the hon. Member for Hendon (Dr Offord) on raising this crucial debate at a crucial moment. To state the blindingly obvious, pensions are about a decent income in retirement, and ensuring security and dignity. To achieve those …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Pensions Dashboard
Speech in Commons Chamber - Mon 04 Feb 2019
Social Security

"First, in relation to the Guaranteed Minimum Pensions Increase Order 2019, we note it. Secondly, in relation to the Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2019, I would like to speak to it briefly.

I am the first to accept that, as the Minister has said, there …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Social Security
Speech in Commons Chamber - Thu 31 Jan 2019
State Pension Age: Women

"First, let me congratulate my hon. Friend on securing this debate. There are 30,000 WASPI women in Birmingham and they are Birmingham’s best. They helped Birmingham and Britain, and they deserve justice and not to have their plans for retirement completely jeopardised by the Government’s shameful behaviour thus far. Does …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: State Pension Age: Women
Speech in General Committees - Wed 16 Jan 2019
Draft Occupational and Personal Pension Schemes (Amendment Etc.) (EU Exit) Regulations 2018 Draft Occupational and Personal Pension Schemes (Amendment etc.) (Northern Ireland) (EU Exit) Regulations 2018

"It is a pleasure to serve under your chairmanship, Mr Robertson. The statutory instrument, which is not objectionable, makes technical changes to pensions legislation to ensure that retained EU law continues to operate as it has previously, but with us outside the EU.

However, we have to raise certain concerns …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Draft Occupational and Personal Pension Schemes (Amendment Etc.) (EU Exit) Regulations 2018 Draft Occupational and Personal Pension Schemes (Amendment etc.) (Northern Ireland) (EU Exit) Regulations 2018
Speech in Commons Chamber - Mon 07 Jan 2019
Oral Answers to Questions

"Nearly half a million senior citizens living abroad, who have paid in all their life, currently enjoy the guarantee that their state pension will be uprated annually. The same is true for pension entitlement built up working in another European Union state. With 81 days to go until Brexit, does …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Oral Answers to Questions
Written Question
Occupational Pensions
Tuesday 27th November 2018

Asked by: Jack Dromey (Labour - Birmingham, Erdington)

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 8 November 2018 to Question 186293 on Occupational Pensions, if she place in the Library the IORP2 transposition table that is sent to the EU Commission.

Answered by Guy Opperman

I will be placing a copy in the Library after it has been submitted to the European Commission.

Written Question
Occupational Pensions: EU Law
Wednesday 21st November 2018

Asked by: Jack Dromey (Labour - Birmingham, Erdington)

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 8 November 2018 Question 186293 on Occupational Pensions, when the transposition table that is required by the EU Commission as part of the IORP2 Directive will be published.

Answered by Guy Opperman

The Transposition Table for IORP II is being prepared and will be submitted to the EU Commission by the transposition date of 13 January 2019. There is no requirement in the Directive for publication by either the EU Commission or UK Government.

Speech in Commons Chamber - Mon 19 Nov 2018
Oral Answers to Questions

"Auto-enrolment was a landmark achievement, a creation of the last Labour Government. I welcome the progress that has been made, but does the Minister agree that the threshold is too high—37% of female workers, 33% of workers with a disability, and 28% of black, Asian and ethnic-minority workers do not …..."
Jack Dromey - View Speech

View all Jack Dromey (Lab - Birmingham, Erdington) contributions to the debate on: Oral Answers to Questions
Written Question
Occupational Pensions
Thursday 8th November 2018

Asked by: Jack Dromey (Labour - Birmingham, Erdington)

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, pursuant to the Answer of 18 October 2018 Question 177666 on Occupational Pensions, what steps her Department is taking to ensure members of the public are aware of the IORP2 Directive on occupational retirement savings.

Answered by Guy Opperman

The key elements of IORP II – for example, rules around scheme funding and supervision of schemes - are already required within UK law and the Pensions Regulator’s Codes of Practice. As such, appropriate communications about these measures are already in place.

The DWP has worked closely with the Pensions Regulator to develop communications about the new requirements introduced by IORP II. Information about this has been shared with industry stakeholders to communicate to individual pension schemes. The Pensions Regulator is currently considering the most appropriate format and content of communications about IORP II to release to other audiences.

Written Question
Occupational Pensions
Thursday 18th October 2018

Asked by: Jack Dromey (Labour - Birmingham, Erdington)

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, when she plans to hold a consultation on the implementation of the IORP2 Directive on occupational retirement savings.

Answered by Guy Opperman

The UK was a strong and influential voice during the negotiations that produced the EU Directive 2016/2341 known as IORP II. Stakeholder and Government representatives worked together to negotiate a final text which supports the UK’s direction of travel on pensions policy. Consequently, many of the key elements of IORP II are already required within UK law and / or the Pensions Regulator’s existing Codes of Practice. Therefore, DWP does not intend to undertake a formal consultation exercise. However, we have consulted informally and extensively with industry, the Pensions Regulator and other stakeholders to explore which parts of the Directive to transpose into UK law and how this is best achieved.