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Session 1999-2000
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Amendments to the Child Support, Pensions and Social Security Bill

Child Support, Pensions and Social Security Bill -
Amendments to be debated in the House of Lords

Here you can browse the Amendment to the Child Support, Pensions and Social Security Bill to be moved on Third Reading in the House of Lords.

  
After Clause 51
 
  
BY THE LORD HIGGINS
THE LORD ASTOR OF HEVER
THE BARONESS BUSCOMBE
 
     Insert the following new Clause-- 
     ("  .  In subsection (5) of section 142 of the Pensions Act 1995, after the words "nor later than his 75th birthday." there shall be inserted--
          (iii)  providing that before the member reaches the age of 75 he takes out an index-linked annuity that provides an income equal to or greater than the Minimum Income Guarantee, he shall not then be required to take out a further annuity before his age reaches 75."")
Modification of rules on purchase of annuities.
 
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