Pension Reform

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 2:30 pm on 31st October 2005.

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Photo of David Blunkett David Blunkett The Secretary of State for Work and Pensions 2:30 pm, 31st October 2005

That is a very good try. The confidence that the shadow Secretary of State appeared to have in me crumbled within 10 seconds. The decision was taken on who should continue to handle public sector pensions, namely the Deputy Prime Minister and the Secretary of State for Trade and Industry, on 6 May, and I do not think that I had taken office when that decision was taken, so nothing has crumbled. I can tell the right hon. and learned Gentleman that 85 per cent. of the due costs will be met by turnover in the public service pension programme, which was announced by my right hon. Friend the Secretary of State for Trade and Industry. Negotiations are continuing within the framework that has been laid down and within the particular sectors affected.