Clause 1
Pensions Bill
11:00 am
James Purnell (Minister of State (Pensions Reform), Department for Work and Pensions; Stalybridge and Hyde, Labour)
I apologise to the hon. Gentleman for not having already costed his proposal. I accept that that is my fault. In the spirit of continuing consensus, the estimated additional net cost would be £100 million in 2008 and roughly double that in 2009. The additional costs would persist until about 2030.