Private Sector Pensions Debate
Full Debate: Read Full DebateDepartment: Department for Work and Pensions
Pauline Latham
Main Page: Pauline Latham (Conservative - Mid Derbyshire)Department Debates - View all Pauline Latham's debates with the Department for Work and Pensions
(6 years, 10 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
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Ms McVey
We are not currently considering changing the rules on defined contribution schemes. In that instance a contribution has been made which will be protected and moved to another pension, whereas a pension in a defined benefit scheme is what someone was expecting to receive at the end, and will therefore be protected. They are very different schemes, and different protections and rules apply to them.
Mrs Pauline Latham (Mid Derbyshire) (Con)
Can my right hon. Friend confirm that constituents with existing Carillion pensions will receive 100% recovery through the Pension Protection Fund?