APPG welcomes EDM 767
November 28, 2015 Frozen Pensions 4 Comments
A group of MPs has tabled an Early Day Motion (EDM 767) expressing support for reform on this issue of frozen British pensions.
The initiative has been taken by Paul Monaghan, the SNP member for Caithness Sutherland and Easter Ross and is supported by SNP Pensions Spokesperson and APPG Vice Chair Ian Blackford.
The motion has already attracted support from MPs from all parties in the House of Commons and the APPG hopes that more members will sign in coming days.
The full motion is as follows:
Date tabled: 25.11.2015
Primary sponsor: Paul Monaghan
Sponsors: George Kerevan, Ian Blackford, Alan Meale, Chris Law, Martyn Day
That this House believes that only uprating pensions in certain countries is unfair; acknowledges that this inequality of British pensioners living in countries such as Canada and Australia, having frozen pensions, results in a struggle to provide for themselves with the high cost of living; recognises that research from the All Party Parliamentary Group on Frozen Pensions has identified that uprating frozen pensions with no back-dating would cost £1.7 billion by 2050, just 0.03 per cent of the pensions budget, and research from the Department for Work and Pensions has determined that there is a net saving of £3,800 per person per year for pensioners living outside the UK; and further believes that all British pensioners should receive the same state pension regardless of where they live.