Speeches

Joanna Cherry – 2015 Parliamentary Question to the Department for Work and Pensions

The below Parliamentary question was asked by Joanna Cherry on 2015-10-28.

To ask the Secretary of State for Work and Pensions, what assessment he has made of the effect on single tier pensions on people contracted out of the State Earnings Related Pension Scheme.

Justin Tomlinson

Contracting out of additional State Pension for Defined Benefit schemes will end on the introduction of the new State Pension from 6 April 2016. The impact on individuals is set out in the Updated impact of the single-tier pension reforms (July 2014) and can be found at the following link:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/332996/single-tier-pension-impact-assessment-update-july-2014.pdf