Occupational Pensions: Survivor Benefits — Question

Part of the debate – in the House of Lords at 2:38 pm on 13th July 2015.

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Photo of Baroness Altmann Baroness Altmann The Minister of State, Department for Work and Pensions 2:38 pm, 13th July 2015

The benefits people receive from a pension scheme are based on their personal circumstances rather than the contributions they have paid. The overall contributions are assessed on the basis of assumptions relating to the entire membership and there is a degree of cost-sharing between members. In order to equalise—