Bob Blackman
Main Page: Bob Blackman (Conservative - Harrow East)Department Debates - View all Bob Blackman's debates with the Leader of the House
(4 years, 10 months ago)
Commons ChamberLet me help the House by saying that I am expecting to run business questions for 45 minutes or thereabouts.
Will the Leader of the House arrange for a debate on pension funds, particularly those in the local government sector? Evidence has emerged this week that in London there is a £17.98 billion deficit between the assets and the liabilities. Clearly the concern is that this is unsustainable, right across the piece. This ranges from Bromley Council having a £59.1 million deficit to Brent Council having an eye-watering £925.7 million deficit. Clearly there is a problem, and we should have a debate in Government time to expose this scandal and make sure that our hard-working public sector employees have their pensions protected.
Obviously, this is a very important point, affecting pension funds across the country, not just public sector ones. Fortunately, there is an opportunity to debate it, because we have a local government finance debate on 24 February. I advise my hon. Friend to take the matter up then. I will be more than happy to take it up with Ministers in advance of the debate, so that they are briefed and ready for his comments. The Chairman of the Backbench Business Committee is sitting poised, ready to ask me a question, and may no doubt have heard my hon. Friend’s request for a debate.