Pension Schemes Bill — New Clause One — Underwriting of Certain Occupational Pension Schemes — 29 Mar 2017 at 17:18
The majority of MPs voted against the Government underwriting certain occupational pension schemes.
The proposed new clause rejected in this vote was titled: Funder of the last resort and stated:
- Notwithstanding the provisions of section 8, the Secretary of State shall make provision for a funder of last resort, to manage any cases where the Master Trust has insufficient resources to meet the cost of complying with subsection (3)(b) of that section.
The motion rejected in this vote was:
- That the clause be read a Second time.
Votes by party, red entries are votes against the majority for that party.
What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.
What are Boths? An MP can vote both aye and no in the same division. The boths page explains this.
What is Turnout? This is measured against the total membership of the party at the time of the vote.
|Party||Majority (No)||Minority (Aye)||Both||Turnout|
|Con||282 (+2 tell)||0||0||86.1%|
|Lab||0||176 (+2 tell)||0||77.4%|