PEOPLE AFFECTED BY OCCUPATIONAL PENSION SCHEME WIND-UPS

Early day motion 2886, tabled 31 October 2006 by Tony Wright (Labour). Signed by 92 members.

That this House expresses its concerns about the continued distress of all those affected by the loss of their occupational pensions on wind-up; notes the report from both the Parliamentary Ombudsman and the Public Administration Select Committee that identify the need for the Government to put together an effective rescue package; is concerned that the measures introduced so far have been slower, and provided less help, than the measures introduced for members of Robert Maxwell's MGN pension scheme in the 1990s; believes that an effective compensation package could combine both taxpayer and non-taxpayer sources of funding; and recognises that such action is essential if future trust in pensions is to be established.

Signatures by party: Labour 41, Liberal Democrat 35, Conservative 12, DUP 1, Independent 1, Scottish National Party 1, Social Democratic and Labour Party 1.