(12 years ago)
Commons ChamberLord Hutton’s report confirmed that the armed forces pension schemes in general stood up very well compared with others in terms of benefits to members. We should bear it in mind that, unlike many other schemes, the armed forces scheme will remain non-contributory and that the normal pension age will be lower than it is for most other schemes. Personnel will also qualify for an early payment at age 40. We are looking at incentives to assist servicemen to purchase their own homes. That is actively being worked on but no final decisions have been taken.
T1. If he will make a statement on his departmental responsibilities.