Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill 2021-22


make provision about the amendment of pension schemes so as to provide for the conversion of rights to a guaranteed minimum pension.

Private Members' Bill (Ballot Bill)

What is this Bill?

The Pension Schemes (Conversion of Guaranteed Minimum Pensions) Bill is a Ballot Bill tabled by Margaret Ferrier.

Is this Bill currently before Parliament?

Yes. This Bill was introduced on 16 June 2021 and is currently before Parliament.

Whose idea is this Bill?

As a Private Members' Bill, this Bill represents the individual initiative of an MP (Margaret Ferrier), not the Government.

What type of Bill is this?

20 Ballot Bills places are awarded by lottery to backbench MP's at the start of each Session. These Bills receive precedence for debate in the Commons and a handful will succeed in becoming enacted into law.

The higher chance of success means MPs who win a ballot slot are frequently lobbied by groups wishing to have legislation tabled on their behalf, but the choice of bill ultimately remains with the MP.

So is this going to become a law?

Historically, between 3 and 13 of the 20 Ballot Bills have succeeded in becoming enacted into law. Therefore, provided this bill is sufficiently high in the Ballot and the Government has no means to object to the bill, it has the greatest chance of PMBs to be enacted into law.

How can I find out exactly what this Bill does?

The most straightforward information is contained in the initial Explanatory Notes for the Bill.

Would you like to know more?

See these Glossary articles for more information: Ballot Bill, Private Members Bill, Process of a Bill

Official Bill Page Initial Explanatory Notes Initial Briefing papers All Bill Debates Debates Contributors

Next Event: There is no future stage currently scheduled for this bill

Last Event: 26 Nov 2021 - 2nd reading (Commons)

Bill Progession through Parliament

Commons - 40%

Latest Key documents

Bill Debate
26/11/2021
Briefing paper
19/11/2021
Explanatory Note
26/10/2021