Public Sector Pensions

Debate between David Jones and Stewart Hosie

Thursday 8th December 2011 Commons Chamber

[Mr Jones]

I can do no better than refer the hon. Gentleman to the Office for Budget Responsibility, which indicated that 1% would opt out.

There is no doubt that this debate has raised passions, and that is understandable, but the Government’s aim is clear. We will do our best to ensure that public sector workers will continue to have access to pension schemes that are guaranteed, index-linked and inflation-proofed. In the current economic climate, there are many other workers who would be only too grateful to have a similar benefit. Most public sector workers will see no reduction in the pension that they receive, and some indeed will receive larger pension income on retirement than they would otherwise—

[Stewart Hosie]

claimed to move the closure (Standing Order No 36).

Question put forthwith, That the Question be now put.

Question agreed to.

Main Question accordingly put.