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REVIEW OF THE FINANCIAL ASSISTANCE SCHEME

EDM (Early Day Motion) 752: tabled on 18 November 2013

Tabled in the 2013-14 session.

This motion has been signed by 56 Members. It has not yet had any amendments submitted.

As this motion is using historical data, we may not have the record of the original ordering, in which case signatories are listed alphabetically.

Motion text

That this House notes that, whilst in opposition, the right hon. Member for Thornbury and Yate, now the Minister of State for Pensions, supported the campaign for assistance for 145,000 members of pension schemes throughout the UK when their company became insolvent, believing that all accrued rights should be honoured and that no changes should be made to pension rights that had already been built up; further notes that the Financial Assistance Scheme introduced by the previous Labour administration afforded 90 per cent of pension rights but due to inflation erosion and indexation being limited to post 1997 service only, is now in real terms nearer to 76 per cent of what was a guaranteed 100 per cent company pension, meaning that a pension promise made has not been kept; calls on the Government to review the extent to which the commitment to 90 per cent of expected pension entitlement has not been reached for those involved in the Financial Assistance Scheme (FAS), taking into account that some 3,000 recipients of FAS received small overpayments through inaccurate calculations by the Department for Work and Pensions (DWP) which they now seek to recover, making these pensioners even more adversely affected; and calls on the FAS to waive the clawback.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

In addition to the sponsors, the following Members have signed to support the motion.

Anderson, Mr David
Labour
Signed on 18 November 2013
Blaydon
Bayley, Hugh
Labour
Signed on 28 November 2013
York Central
Betts, Mr Clive
Labour
Signed on 18 November 2013
Sheffield South East
Blomfield, Paul
Labour
Signed on 2 December 2013
Sheffield Central
Caton, Martin
Labour
Signed on 20 November 2013
Gower
Clark, Katy
Labour
Signed on 18 November 2013
North Ayrshire and Arran
Clarke, Mr Tom
Labour
Signed on 18 November 2013
Coatbridge, Chryston and Bellshill
Connarty, Michael
Labour
Signed on 2 December 2013
Linlithgow and East Falkirk
Corbyn, Jeremy
Labour
Signed on 20 November 2013
Islington North
Crausby, Mr David
Labour
Signed on 4 December 2013
Bolton North East
Cunningham, Mr Jim
Labour
Signed on 19 November 2013
Coventry South
Cunningham, Sir Tony
Labour
Signed on 20 November 2013
Workington
Davidson, Mr Ian
Labour
Signed on 18 November 2013
Glasgow South West
Dobbin, Jim
Labour
Signed on 19 November 2013
Heywood and Middleton
Dodds, Mr Nigel
Democratic Unionist Party
Signed on 20 November 2013
Belfast North
Donaldson, Mr Jeffrey M.
Democratic Unionist Party
Signed on 8 January 2014
Lagan Valley
Durkan, Mark
Social Democratic & Labour Party
Signed on 18 November 2013
Foyle
Flynn, Paul
Labour
Signed on 20 November 2013
Newport West
Gilmore, Sheila
Labour
Signed on 18 November 2013
Edinburgh East
Hain, Mr Peter
Labour
Signed on 20 January 2014
Neath
Hancock, Mr Mike
Independent
Signed on 3 December 2013
Portsmouth South
Henderson, Gordon
Conservative
Signed on 20 November 2013
Sittingbourne and Sheppey
Hermon, Lady
Independent
Signed on 19 November 2013
North Down
Hood, Mr Jim
Labour
Signed on 2 December 2013
Lanark and Hamilton East
Hopkins, Kelvin
Labour
Signed on 19 November 2013
Luton North
Howarth, Mr George
Labour
Signed on 2 December 2013
Knowsley
Lazarowicz, Mark
Labour
Signed on 25 November 2013
Edinburgh North and Leith
Llwyd, Mr Elfyn
Plaid Cymru
Signed on 26 November 2013
Dwyfor Meirionnydd
Long, Naomi
Alliance
Signed on 20 November 2013
Belfast East
McCrea, Dr William
Democratic Unionist Party
Signed on 26 November 2013
South Antrim
McDonnell, Dr Alasdair
Social Democratic & Labour Party
Signed on 22 November 2013
Belfast South
McDonnell, John
Labour
Signed on 16 December 2013
Hayes and Harlington
McGovern, Jim
Labour
Signed on 28 November 2013
Dundee West
Meale, Sir Alan
Labour
Signed on 19 November 2013
Mansfield
Morden, Jessica
Labour
Signed on 9 December 2013
Newport East
Morrice, Graeme
Labour
Signed on 4 December 2013
Livingston
Paisley, Ian
Democratic Unionist Party
Signed on 15 January 2014
North Antrim
Qureshi, Yasmin
Labour
Signed on 9 December 2013
Bolton South East
Ritchie, Ms Margaret
Social Democratic & Labour Party
Signed on 19 November 2013
South Down
Robertson, John
Labour
Signed on 18 November 2013
Glasgow North West
Ruddock, Dame Joan
Labour
Signed on 4 December 2013
Lewisham, Deptford
Sharma, Mr Virendra
Labour
Signed on 20 November 2013
Ealing, Southall
Sheridan, Jim
Labour
Signed on 18 November 2013
Paisley and Renfrewshire North
Skinner, Mr Dennis
Labour
Signed on 21 November 2013
Bolsover
Watts, Mr Dave
Labour
Signed on 6 January 2014
St Helens North
Weir, Mr Mike
Scottish National Party
Signed on 28 November 2013
Angus
Williams, Hywel
Plaid Cymru
Signed on 25 November 2013
Arfon
Williamson, Chris
Labour
Signed on 29 November 2013
Derby North
Wilson, Sammy
Democratic Unionist Party
Signed on 27 November 2013
East Antrim
Woodward, Mr Shaun
Labour
Signed on 21 November 2013
St Helens South and Whiston

There are no withdrawn signatures for this motion.