Elaine Stewart
Main Page: Elaine Stewart (Labour - Ayr, Carrick and Cumnock)Department Debates - View all Elaine Stewart's debates with the Leader of the House
Business of the House
Elaine Stewart Excerpts(1 day, 15 hours ago)
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Lucy Powell
We have really had a football theme today. I put on the record my congratulations to Burnley FC on getting promoted to the premier league. I look forward to Man City putting a few goals past them next season.
Elaine Stewart (Ayr, Carrick and Cumnock) (Lab)
My constituents John and Evelyn Preston contributed to Digital’s pension scheme before 1997. They expected discretionary increases to counter inflation, but since Hewlett-Packard took over in 2002, their pensions have stagnated—in some cases, people have experienced 60% losses. Thanks to the Pre-97 Alliance, we know that this issue affects hundreds of thousands of people across the UK. Will the Leader of the House find time to discuss how this injustice can be addressed?
Lucy Powell
I thank my hon. Friend for raising this important matter. There is nothing worse for pension holders than seeing the value of their pension eroded because uprating is not happening in line with inflation. Pension scheme trustees have a duty to act in the best interests of their members, and I will ensure that a Minister looks into this case for her.