Submitted on Wednesday 7th September 2011
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
Scrap MPs final Salary Pension.
Currently many firms are scrapping final salary pension schemes, this will become a time bomb for the future, with many struggling when they get to retirement.
MPs should also switch to a money purchase pension scheme, typical provided within industry 2% employee contribution and 8% employer contribution. This may make them realise the uncertainty this type of pension scheme gives.
If changes are introduced, encouraging firms to re-instate final pension schemes via tax incentives for instance and take up of these sorts of schemes improves, the MPs can have their generous pension back.
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
18.118.12.232 Sun, 29 Sep 2024 16:39:06 +0100
