Pensions

This page highlights some of the current parliamentary material available on pensions. This includes select committee reports, briefing papers on current legislation and other subjects produced by the parliamentary research services, and the latest Early Day Motions put down by MPs.

Commons Briefing Papers

DateDescription
10.11.2016Savings (Government Contributions) Bill - debates in Parliament
Covers debates in Parliament on the legislation to introduce the Lifetime ISA and Help to Save Accounts announced in Budget 2016
09.11.2016Local Government Pension Scheme investments
Looks at current debates around whether Local Government Pension Scheme (LGPS) funds should pool their investments and whether more can be done to encourage their investment in infrastructure
07.11.2016Increases in the State Pension age for women born in the 1950s
Briefing regarding the impact of legislation increasing the State Pension age for women born in the 1950s
04.11.2016Secondary annuities market
Looks at plans to allow annuity holders to sell that income stream to a third party from April 2017
20.10.2016Atomic Energy Agency (AEA) pensions
Briefing for Westminster Hall debate on Wednesday 26 October 2016 on the "advice given to members of the UK Atomic Energy Agency (AEA) Pension Scheme
20.10.2016Debate on e-petition relating to the Local Government Pension Scheme
Briefing for debate on e-petition on Local Government Pension Scheme investments on 24 October 2016
17.10.2016Savings (Government Contributions) Bill
Library briefing for Second Reading debate on 17 October 2016
10.10.2016Pension Wise: the guidance guarantee
Looks at Pension Wise - the guidance service for people aged 50 and over with defined contribution pension savings
04.10.2016Lifetime ISA and pensions
Looks at the Lifetime ISA to be introduced from April 2017 and its role in encouraging people to save for retirement
03.10.2016Overview of the Pension Protection Fund
This Commons Library briefing paper looks at the Pension Protection Fund (PPF) which was one of the measures set up by the Pensions Act 2004. It was in response to a series of high-profile cases in which pension schemes had wound up with insufficient assets to meet their pension commitments. The PPF started operations on 6 April 2005 and applies to schemes that started winding up after that date.

Lords Library Notes

DateDescription
16.07.2015Debate on the Budget Statement
This Library Note provides background information on the Budget Statement which was delivered by the Chancellor of the Exchequer, George Osborne, on 8 July 2015. The Note provides a brief overview of some of the key Budget measures, before outlining the immediate reaction to the statement as expressed by members of the House of Commons and by a selection of organisations and commentators. It has been written to support the debate in the House of Lords on this subject scheduled to take place on 21 July 2015.
26.11.2013Pensions Bill (HL Bill 55 of 2013-14)
This Note provides background reading on the Pensions Bill, which is due to have its second reading in the House of Lords on 3 December 2013.
14.12.2012Public Service Pensions Bill (HL Bill 67 of 2012-13)
The Public Service Pensions Bill sets out new arrangements for the creation of schemes for the payment of pensions and other benefits. This Library Note provides background information for the second reading of the Bill in the House of Lords on 19 December 2012.
09.02.2011Pensions Bill [HL] (HL Bill 37 of 2010-11)
This Library Note provides background information in advance of the Pensions Bill's second reading in the House of Lords.
21.10.2010Superannuation Bill (HL Bill 22 of session 2010-11). LLN 2010/025
Superannuation Bill. House of Lords Library Note 2010/025

POSTnotes

DateDescription
30.03.2015Measuring Living Standards
This POSTnote outlines different approaches to setting and measuring thresholds and their strengths and limitations. It also summarises research on recent trends in living standards and the key factors that influence them.

Select Committee Reports

DateDescription
11.05.2011The impact of the 2007-08 changes to public service pensions.
Public Accounts Committee report [Commons]
14.10.2009Tackling pensioner poverty.
Government response. Department for Work and Pensions; Work and Pensions Select Committee report [Commons]
15.07.2009Tackling pensioner poverty.
Work and Pensions Select Committee report [Commons]

Early Day Motions

DateDescription
23.01.2012SCOTTISH & NEWCASTLE PENSION PLAN
That this House notes the acquisition in 2008 of the brewers ScottishNewcastle by Heineken NV; further notes the commitment made by Heineken at that time to provide RPI increases, up ...
12.01.2012HIDDEN COSTS IN PENSION AND SAVING FUNDS
That this House notes with concern the presentation to HM Treasury by Dr Christopher Sier, a former consultant to investment managers, and David Norman, formerly Chief Executive of ...
01.11.2011BANKRUPTCY OF ALLIED STEEL AND WIRE
That this House notes the bankruptcy of Allied Steel Wire (ASW) in 2002 and the deficits of its company pension schemes; recognises the dedicated campaign of John Benson, Denis Kelleher ...
11.10.2011PUBLIC SECTOR PENSIONS (No.3)
That this House notes that proposals by Government Ministers run the serious risk of making public sector pension schemes unsustainable; further notes that increasing contributions ...
14.09.2011INDUSTRIAL ACTION OVER PENSIONS
That this House expresses its concern that the Government is refusing to engage in meaningful negotiations with the trade unions on the future of public sector pensions and appears ...

Glossary

  • Commons Briefing Papers (CBP) Papers providing in-depth and impartial analysis on every major piece of primary legislation and on other topics of public and parliamentary concern. Regular statistics papers are also published.
  • Early Day Motions (EDMs) - formal motions submitted by MPs in the House of Commons
  • POSTnotes (POST PN) - proactive four-page policy briefings from the Parliamentary Office of Science and Technology based on reviews of the research literature, interviews with stakeholders and peer review, commissioned by the POST Board
  • Lords Library Notes (LLN) - authored publications by the research section of the House of Lords Library that provide analysis of Bills, subjects for debate in the House and other issues of interest to Members.
  • Select Committee Reports - papers produced by all select committees of both Houses