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This petition is now closed, as its deadline has passed.
We the undersigned petition the Prime Minister to ensure that employers are not able to alter the basis of which accrued pensions are paid. More details
Submitted by Stephen Phillips of Insurance Marketing Department – Deadline to sign up by: 06 November 2007 – Signatures: 28
More details from petition creator
Pension benefits are deferred pay and should under no circumstances be subject to unilateral alteration (to the detriment of any class of scheme member) by employers or pension scheme trustees.
The current Deregulatory Review relating to a possible amendment of Section 67 of the Pensions Act 1995 has recommended that employers should not be able to expose pension scheme members’ and deferred members’ pension benefits to potential cutbacks.
We ask that ministers should take account of the concerns of pension scheme members when considering this issue and not allow the interests of those still at work to damage the retirement security of those who are already retired or who have accrued deferred benefits. These classes of individuals have no chance of influencing the employers concerned or, in many cases, to make good any reduction in benefits that might be proposed.
Current signatories
Stephen Phillips, the Petition Creator, joined by:
- John Anthony Eves
- Aidan Harvey
- Philip Glover
- Florence Glover
- mairi mackechnie
- Alan Whalley
- Alan Baldridge
- John Talbot
- Matt
- David Reeves
- david church
- Peter Bryon
- Denise Leigh
- laura pollard
- Brenda Marquis
- Claude Keith
- Alexander Kennard
- Donia Guyatt-Jones
- Oliver Harwood
- Natasha Patchick
- Tony Prince
- Laura Miller
- Mike Dowd
- Pension benefits should be treated in the same way as wages
- PETER HOWARD
- Windsor Davies
- Sonya Ogden-Booth
