The below Parliamentary question was asked by Baroness Altmann on 2016-09-12.
To ask Her Majesty’s Government what is their latest estimate of the total number of employers who are potentially responsible for paying Pension Act 1995 section 75 debts of previous employers who are no longer part of their non-associated multi-employer defined benefit pension scheme.
Lord Freud
The information requested is not held by Government or the Pensions Regulator.
The below Parliamentary question was asked by Baroness Altmann on 2016-10-17.
To ask Her Majesty’s Government, further to the Written Answer by Lord Freud on 15 September (HL1462), what happens to letters that are returned undelivered when incorrect details are held.
Lord Freud
Letters are issued to the latest address held on our records. Whilst the onus is on our citizens to notify appropriate Departments of their current address, DWP takes all reasonable steps to determine the correct address when letters are returned. This includes scrutinising all available DWP systems to determine if a revised address is held. At the time of the age equalisation communications campaign the process for State Pension included contact through Local Authorities or a DWP Visiting Officer. Where an updated address is confirmed the customer account details are amended.
The below Parliamentary question was asked by Baroness Altmann on 2016-09-06.
To ask Her Majesty’s Government what estimate they have made of the number of workers who earn under £11,000 a year and are contributing to net-pay pension schemes.
Lord O’Neill of Gatley
The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not therefore hold information on the value of tax reliefs paid out to employees in net pay schemes.
However, the Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax.
The below Parliamentary question was asked by Baroness Altmann on 2016-09-12.
To ask Her Majesty’s Government what is their most recent estimate of the number of individual employers at risk of personal bankruptcy as a result of the increased costs of supporting defined benefit pension liabilities in non-associated multi-employer pension schemes.
Lord Freud
The information requested is not held by Government or the Pensions Regulator.