Will the Government make sure steel workers don't lose out on their pensions?

Kevin Brennan (Cardiff West) (Lab): It is welcome news that Tata Steel and the unions have come to an agreement to keep Port Talbot open, and that the Labour Government in Wales are providing support for training. Does the Leader of the House agree that we ought to have a debate about ensuring that that survival goes forward for our steel industry, and in particular that the workers, in agreeing this deal, do not lose out on their pensions?

Mr Lidington: There are some legal requirements that govern pension schemes, which give a measure of protection, and accrued rights under the old pension scheme—I understand that it is proposed to close the scheme—remain preserved. I share the hon. Gentleman’s welcome for the agreement that was reached yesterday and pay tribute to those in all political parties in Wales who have fought so hard for such an agreement to be struck. It is good to see that a way appears to have been found to enable steel production to continue at Port Talbot. I will ask Ministers to address the particular point he raises, but we have Business questions next Tuesday and he may want to try his luck at raising this question again then.

Kevin Brennan in Business Questions (Hansard Link)

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