Pensions (Transferability)

Oral Answers to Questions — Ministry of Labour – in the House of Commons at 12:00 am on 7th February 1966.

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Photo of Mrs Shirley Williams Mrs Shirley Williams , Hitchin 12:00 am, 7th February 1966

asked the Minister of Labour what action he is contemplating to make all pensions, including pensions for people in executive and supervisory posts, transferable as between firms.

Photo of Mr Ernest Thornton Mr Ernest Thornton , Farnworth

A committee of my right hon. Friend's National Joint Advisory Council has now reported on the question of the preservation of pension rights on change of employment. The Council has agreed that the report should be published and will be discussing it at its next meeting in April.

Photo of Mrs Shirley Williams Mrs Shirley Williams , Hitchin

I thank my hon. Friend for that Answer, but is he aware of the urgency of this matter and especially of the need to redeploy people of skill on both sides of industry in order to achieve the economic aims of the Government?

Photo of Mr Ernest Thornton Mr Ernest Thornton , Farnworth

I can assure my hon. Friend that we are pushing forward with this as a matter of urgency.

Photo of Sir Beresford Craddock Sir Beresford Craddock , Spelthorne

Can we take it from the Minister's Answer that the Government will support the Bill on this subject which I hope to introduce on 22nd April?

Photo of Mr Ernest Thornton Mr Ernest Thornton , Farnworth

I can give no commitment on that point.