Pensions Privatisation

EDM number 1 in 1996-97, proposed by Paul Flynn on 23/10/1996.

That this House condemns the waste and injustice of the past 16 years of Government pension cuts and privatisation which has cheated 10 million basic pensioners of ú1,000 a year and bribed 1.6 million people out of state and occupational pension schemes into atrocious private ones; and calls for real pension choice with the reform of SERPS into a funded, independently managed, inflation proof option to provide quality second pensions for all.

This motion has been signed by a total of 48 MPs.