HC Deb 20 March 1987 vol 112 cc645-6W
Mr. Speller

asked the Paymaster General if he will take steps to aid men made redundant below the age of 60 years who have pensions frozen until they are 65 years but are now employed in work which requires a retiring age of 60 years.

Mr. Trippier

The Government have no proposals for special measures to help this particular group of employees as opposed to other employees whose pension provision may be effected by a change of jobs. However, recent social security legislation means that, in future, employees in this situation will have more flexibility to adapt their pension arrangements to their own particular circumstances. People changing jobs from 1 January 1986, for whatever reason, will often be able to transfer their pension rights from the former employers' scheme to the new employers' scheme and those changing jobs from 1988 will also have the option of transferring to their own personal pension scheme.