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717841
star this property registered interest false more like this
star this property date less than 2017-04-04more like thismore than 2017-04-04
star this property answering body
Department for Work and Pensions remove filter
star this property answering dept id 29 more like this
unstar this property answering dept short name Work and Pensions more like this
star this property answering dept sort name Work and Pensions more like this
unstar this property hansard heading Occupational Pensions: Pension Funds more like this
star this property house id 2 more like this
star this property legislature
25277
star this property pref label House of Lords more like this
star this property question text To ask Her Majesty’s Government whether they intend to introduce legislation (1) prohibiting companies withdrawing moneys from their pension funds for any reason, or (2) requiring them to keep their funds topped up to the level recommended by actuaries. more like this
star this property tabling member printed
Lord Blencathra more like this
star this property uin HL6650 more like this
star this property answer
answer
star this property is ministerial correction true more like this
star this property date of answer less than 2017-04-20more like thismore than 2017-04-20
star this property answer text <p><ins class="ministerial">Current legislation already requires schemes to have sufficient and appropriate assets to cover the cost of paying future pensions when they fall due, or to put in place a recovery plan to ensure that the scheme returns to full funding within a reasonable period. It also prohibits the transfer of funds from the scheme to the employer apart from some limited circumstances and where there is a surplus.</ins></p><p>The Government’s Security and Sustainability in Defined Benefit Pension Schemes Green Paper explores a number of aspects of defined benefit pensions, including scheme funding arrangements and invites views. This paper was laid before Parliament on 20 February 2017.</p><p>The closing date for comments is 14 May 2017; responses can be submitted to the following postal address:</p><p>DB Consultation Private Pensions</p><p>First Floor</p><p>Caxton House</p><p>6-12 Tothill Street</p><p>London</p><p>SW1A 9NA</p> more like this
star this property answering member printed Lord Henley more like this
star this property question first answered
less than 2017-04-20T09:35:00.98Zmore like thismore than 2017-04-20T09:35:00.98Z
star this property question first ministerially corrected
remove filter
star this property answering member
2616
star this property label Biography information for Lord Henley more like this
star this property previous answer version
44619
star this property answering member printed Lord Henley more like this
star this property answering member
2616
star this property label Biography information for Lord Henley more like this
star this property tabling member
497
unstar this property label Biography information for Lord Blencathra more like this