Oral Answers to Questions

Debate between Damian Hinds and Danny Alexander

Tuesday 6th November 2012 Commons Chamber

[Danny Alexander]

I note that when the Labour party was in government and had receipts from the 3G auction, it used the resources to pay down debt, which was very prudent. Instead, we are bringing forward policies to support housing, such as the Government guarantees, which will be available to housing associations in Scotland, as well as in other parts of the country.

[Damian Hinds (East Hampshire) (Con)]

Alton in east Hampshire has just benefited from a much-needed £9.5 million affordable housing scheme. What more can be done, working with other Departments, to bring on more such schemes, partly using council land, especially in the overcrowded south-east?

[Danny Alexander]

My hon. Friend is right to highlight the importance of releasing public sector land for development for housing, including affordable housing. The Homes and Communities Agency is well ahead of its targets for releasing such land and for schools—

Public Service Pensions

Debate between Damian Hinds and Danny Alexander

Tuesday 20th December 2011 Commons Chamber

[Danny Alexander]

At the start of the process, the Office for Budget Responsibility forecast opt-out rates resulting from the contributions increase as being about 1% of pay bill. Of course, because the local government scheme is a funded scheme, one thing we are allowing is that savings delivered by long-term reform, such as increasing the retirement age or moving to a career-average basis, can be used to cover the cost of some of the contribution increases. It is therefore possible that once the final local government scheme is put in place, local government workers will face little or no contribution increase because they are in a funded scheme.

[Damian Hinds (East Hampshire) (Con)]

For purposes of comparison, what estimate has my right hon. Friend made of the proportion of new starters in the private sector who can look forward to a defined benefit scheme?

[Danny Alexander]

The number of new starters in the private sector who can look forward to a defined benefit scheme is very small. The number of open defined benefit schemes is decreasing, but that should not deflect us from our wish to continue to provide defined benefit pensions in the public sector, which are a right and proper part of the reward for a lifetime’s commitment to serving the public.