Social Security (Up-rating of Benefits) Bill — Report — Amendment 3 — 2 Nov 2021 at 17:15

Moved by Baroness Altmann

3: Clause 1, page 1, line 7, leave out from the first “of” to end of line 8 and insert “earnings obtaining in Great Britain, as adjusted to take account of the exceptional impact of the COVID-19 pandemic on the level of earnings.”Member’s explanatory statementThis amendment is intended to maintain the link between pension uprating and earnings but requires the Secretary of State to make adjustments that are considered appropriate for distortions in the traditional ONS Average Weekly Earnings figures, which were caused by the exceptional pandemic effects and Government measures on the labour market.

Ayes 220, Noes 178.

Debate in Parliament |

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