§ Mr. BoswellTo ask the Secretary of State for Work and Pensions what evidence he has collated to assess the relative attractiveness of(a) contracting out of the state second pension scheme and (b) remaining within it for those with average earnings of (a) 75 per cent., (b) 100 per cent. and (c) 125 per cent. of national average earnings. [32878]
§ Mr. McCartney[holding answer 6 February 2002]: In making any decision about pensions, individuals may consider both present earnings and their future prospects. In general we expect that contracting out will be the best option for most people but individuals will need to make choices that are appropriate to their current needs and aspirations for the future.