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James Cartlidge corrected the Commons record on Public Service Pensions and Judicial Offices Bill [ Lords ]

2 February 2022 · Commons Hansard, Written Corrections · Justice

The words were spoken in the Commons on 5 January 2022. The correction was made by letter from the Under-Secretary of State for Justice, the hon. Member for South Suffolk (James Cartlidge), and printed in Hansard's Written Corrections on 2 February 2022. The figure £530 million in the original became £1.5 billion in the correction. Altogether 15 words differ between the two versions.

Original and corrected words

Struck through: original only. Bold: correction only.

OriginalCorrected
The shadow Work and Pensions Minister asked for clarity on the issues around the ceiling breaches and so on. As the Chief Secretary to the Treasury made clear in his opening speech, no member will see a reduction in their benefits as a result of the 2016 valuations. I hope that provides some reassurance to the shadow Minister. UK asset resolution schemes currently pay out benefits of about £530 million per annum ; this is a cost the Government already bear. The policy creates a more efficient situation for paying these pensions and ensuring the current schemes will have a stable benefit.The shadow Work and Pensions Minister asked for clarity on the issues around the ceiling breaches and so on. As the Chief Secretary to the Treasury made clear in his opening speech, no member will see a reduction in their benefits as a result of the 2016 valuations. I hope that provides some reassurance to the shadow Minister. UK asset resolution schemes currently have total pension liabilities of around £1.5 billion ; this is a cost the Government already bear. The policy creates a more efficient situation for paying these pensions and ensuring the current schemes will have a stable benefit.

The correction in Hansard.

More on James Cartlidge.

Receipt

Read fromhttps://hansard-api.parliament.uk/debates/debate/28A8B5FD-4080-4250-8110-1D63CC97E212.json
Date read15 October 2026
SHA-25693339d2bbde1a443257f6053f309cc2e1198f847fb5ca5b1d5aa08144a772c70