HC Deb 18 July 1977 vol 935 cc362-3W
Mr. Christopher Price

asked the Secretary of State for Social Services if he will make a statement about improvements to occupational pensions schemes from 1st August 1977.

Mr. Orme

My right hon. Friend the Chancellor of the Exchequer announced, in answer to a supplementary question following his statement on Friday 15th July 1977 [Vol. 935, c. 1003] that improvements to occupational pension schemes will, after 31st July 1977, be freed from the pay policy limitations which have applied in the current year. I can confirm that this means that such improvements, whether in respect of pension age or any other type of provision, will be open to negotiation after that date.