§ Lord Byersasked Her Majesty's Government:
Whether the forthcoming review by the Secretary of State for Social Services of the terms on which contracting-out of the state pension scheme is permitted will be confined to reviewing the amount of abatement in national insurance contributions payable in respect of those contracted-out and reviewing the actuarial tables used for certain purposes in connection with contracting-out as provided for in Sections 28 and 46 of the 1975 Social Security Pensions Act respectively; or whether it is his intention to extend the review so as to consider other matters affecting contracting-out with a view to making further changes in the terms negotiated in 1975 with all party support on which the current partnership between state and private pension provision is based.
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§ Lord EltonPursuant to my reply (Official Report, 7th December 1981, Vol. 425, col. 1254), I regret there was a typing error in my Answer to this Question. The Answer should have read:
My right honourable friend the Secretary of State for Social Services is required by statute to review the reduced national insurance contributions payable by contracted-out employers and employees and also the basis for the calculation of state scheme premiums. A memorandum widely circulated in the summer at the consultative stage of the current review indicated that the Secretary of State would also review certain other aspects of the contracting-out arrangements. The Government will give full consideration to representations received at the consultative stage.
House adjourned at fourteen minutes past nine o'clock.