§ Mr. WebbTo ask the Secretary of State for Social Security if the definition of earnings used to calculate the level of rebates for stakeholder pensions will include payments of working families tax credit. [78865]
§ Mr. TimmsNo. It is expected that the earnings used for calculating rebates for stakeholder pension schemes will be the same as for other contracted-out pension schemes. Such earnings do not currently include any payment of Family Credit and will not include payments of Working Families Tax Credit when it is introduced.