Pensions Bill — 27 Oct 2008 at 19:06
moved Amendment No. 77:
Before Clause 123, insert the following new Clause-
"Amendment of rules to take pension annuities by the age of 75
(1) Any statutory provision or rule of law requiring a pension to be taken in the form of an annuity by the age of 75 is amended so that the age limit is 85.
(2) The Secretary of State must review the age limit no less frequently than every five years and report on the average life expectancy."
On Question, Whether the said amendment (No. 77) shall be agreed to?
Their Lordships divided: Contents, 46; Not-Contents, 99.
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