PEOPLE AFFECTED BY OCCUPATIONAL PENSIONS SCHEME WIND-UPS

Early day motion 241, tabled 22 November 2006 by Tony Wright (Labour). Signed by 270 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 reports from both the Parliamentary Ombudsman and the Public Administration Select Committee which identify the need for the Government to put together an effective resource 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 129, Conservative 59, Liberal Democrat 59, DUP 9, Scottish National Party 5, Social Democratic and Labour Party 3, Independent 2, Plaid Cymru 2, Independent Labour 1, UUP 1.