Pensions Bill — 4 Jul 2007 at 18:47
moved Amendment No. 5:
After Clause 8, insert the following new Clause-
"Independent Pensions Commission
The Secretary of State shall, no later than 1st January 2010, establish an Independent Pensions Commission which shall report to Parliament and Government every four years on-
(a) the terms, benefits and affordability of public sector pensions,(b) the latest trends in private pension saving (and the impact of means-testing), and(c) the latest trends in life expectancy and average retirement ages."
On Question, Whether the said amendment (No. 5) shall be agreed to?
Their Lordships divided: Contents, 73; Not-Contents, 116.
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