Business of the House Debate

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Department: Leader of the House

Business of the House

David Amess Excerpts
Thursday 16th September 2021

(2 years, 7 months ago)

Commons Chamber
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Jacob Rees-Mogg Portrait Mr Rees-Mogg
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I heartily congratulate Janet in Pontypridd market on winning the award. I might even volunteer to come and visit her. I recently had the great pleasure of having one of the vanilla slices made by Margaret in Stoke-on-Trent, who was also mentioned in this House. I may be able to go round the whole country visiting the sellers of delicious food. Absolutely, the hospitality industry has suffered. It is getting back on its feet. People are working stunningly hard, and it is really encouraging to hear of the entrepreneurial attitude being taken by the hon. Lady’s own constituents.

David Amess Portrait Sir David Amess (Southend West) (Con)
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While trying to mask my disappointment at not being made Minister with responsibility for granting city status to Southend, but being put in charge of paperclips instead, may I ask my right hon. Friend to find time for a debate on discretionary increases in pensions for Ford employees pre-1997? These women and men gave a great deal of their time to the company and they deserve better treatment than they seem to be afforded at the moment.

Jacob Rees-Mogg Portrait Mr Rees-Mogg
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I think the whole country shares my hon. Friend’s disappointment that he has not been put in charge of making Southend a city; his campaign for that is boundless in its energy.

Let me turn to my hon. Friend’s actual question. This is a difficult matter, because whether or not discretionary increases are applied to pre-1997 pensions is a matter for the scheme, the sponsoring employer and the scheme members, as they are not required by law and they potentially have a large impact on the financing of the scheme. It would not therefore be right for a Minister to intervene in the running of an individual pension scheme, as the Government cannot force pension scheme trustees or sponsoring companies to exercise their discretion in a particular way. Keeping pensions affordable is very important and increases do, as I say, have a long-term consequence and very high costs. It is therefore right that it is left to the sponsors to see what they can afford.