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Pensions Bill Early Retirement Exemption

EDM number 868 in 2003-04, proposed by Alan Keen on 22/03/2004.

That this House notes that the Pensions Bill in its current draft will have a disproportionate effect on footballers and dancers; notes that the Bill will remove the current early retirement exemption that allows them to draw their pension benefits from age 35; recognises the physical nature of their employment and their inability to continue in their chosen professions beyond their 30s; understands that this exemption allows these professionals to retrain for second careers without being reliant on state benefits; notes that only a small percentage of footballers and fewer dancers ever earn enough to save independently; reminds Government of the part these professionals play in national heritage; fears that this change could dissuade people from entering these professions for fear of financial hardship when they are older; recognises that the Professional Footballers' Association and Equity are extremely concerned about the impact the changes will have on their members; further recognises that this change will affect fewer than 5,000 people and will cost the Government money in lost tax revenue; and calls on the Government to reconsider its decision and maintain the exemption.

This motion has been signed by a total of 26 MPs.

Alan Keen22/03/2004Feltham & HestonLabour Co-operativeProposed
Jim Cousins22/03/2004Newcastle upon Tyne CentralLabourSigned
Martin Caton24/03/2004GowerLabourSigned
Andrew Dismore25/03/2004HendonLabourSigned
Harry Barnes25/03/2004North East DerbyshireLabourSigned
Jeremy Corbyn26/03/2004Islington NorthLabourSigned
Alan Simpson01/04/2004Nottingham SouthLabourSigned
Eric Illsley01/04/2004Barnsley CentralLabourSigned
Jim Dobbin21/04/2004Heywood & MiddletonLabour Co-operativeSigned
Nigel Dodds21/04/2004Belfast NorthDUPSigned
Ian Gibson21/04/2004Norwich NorthLabourSigned
Edward O'Hara22/04/2004Knowsley SouthLabourSigned
Bill O'Brien22/04/2004NormantonLabourSigned
Syd Rapson22/04/2004Portsmouth NorthLabourSigned
John Greenway23/04/2004RyedaleConservativeSigned
Joan Walley23/04/2004Stoke-on-Trent NorthLabourSigned
Roger Godsiff26/04/2004Birmingham, Sparkbrook & Small HeathLabourSigned
Graham Stringer26/04/2004Manchester, BlackleyLabourSigned
Jim Dowd28/04/2004Lewisham WestLabourSigned
Clive Betts28/04/2004Sheffield, AttercliffeLabourSigned
Mohammad Sarwar29/04/2004Glasgow, GovanLabourSigned
Christine Russell30/04/2004Chester, City ofLabourSigned
Bill Etherington05/05/2004Sunderland NorthLabourSigned
Mike Hancock05/05/2004Portsmouth SouthLiberal DemocratSigned
Alan Meale10/05/2004MansfieldLabourSigned
Ronnie Campbell26/05/2004Blyth ValleyLabourSigned

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