Printer Friendly

Tory defeat on pensions.

PREMIER John Major yesterday suffered a crushing defeat in the Lords over pensions for ex-wives.

Peers rejected government pleas and backed a Labour plan to allow couples to split their pension rights on divorce.

Despite massive Tory efforts to round up their peers for the crucial Divorce Bill, the government lost by 178 votes to 150.

Social security minister Lord Mackay warned that splitting pensions could cost the Treasury pounds 180m.

But Labour social security spokeswoman Lady Hollis said: "This will save many divorced people from an old age in penury."
COPYRIGHT 1996 MGN LTD
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:The Mirror (London, England)
Date:Mar 1, 1996
Words:91
Previous Article:PM in money row over trip.
Next Article:3-IN-BED TORY SPRINGS BACK.


Related Articles
Tory wives on warpath.
OAPs SNUB HAGUE ON PENSIONS.
General Election 2005: Howard unveils pounds 1.7bn tax cuts to encourage pension savings.
Premier warned of civil war in Labour party over reform plans.
I WILL END PENSION POVERTY SCANDAL; EXCLUSIVE Hutton vow to help women.
Rescue fund plan is sunk; The World Today COLLAPSE: Government says no pension support.
Letter: The BIG issue - Pension tension.
Your MONEY: Budget boost for smaller pensionholders; CASHPOINT.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters