§ Sir Eldon Griffiths
asked the Secretary of State for Social Services what assessment he makes of the implications for police pension schemes of the contracting out provisions proposed in the Social Security Bill; and if he will make a statement.
§ Mr. Newton
The contracting-out provisions for salary-related occupational pension schemes will remain broadly the same as now, with some modifications and simplifications. We do not expect the new right for employees to opt for a personal pension to have a significant effect on existing occupational schemes, like the police scheme, which offer good benefits and protection to early leavers.