Industrial Action

Debate between Lord Maude of Horsham and Nigel Mills

Wednesday 30th November 2011 Commons Chamber

[Mr Maude]

The Scottish Government have benefited from the results of the reforms, and if they choose not to implement them they will have to make savings from elsewhere. That just follows. It comes with devolution.

[Nigel Mills (Amber Valley) (Con)]

Can the Minister tell my constituents who work hard and have no chance of achieving a £20,000 index-linked guaranteed pension what level of contributions they would have to pay to their own scheme to get that level of pension?

[Mr Maude]

As has been said, to achieve the same pension as many public sector workers will continue to enjoy after these reforms are put in place, many people working in the private sector would end up having to pay no less than a third of their salary in pension contributions. These are good pension schemes. They will continue to be good pension schemes. We want them to be so.