The Bankers' Pensions (Limits) Bill was introduced in the House of Commons on 10 March. It is a private members' bill introduced by Ann Clwyd. A copy of the Bill was published on the Parliament website on 12 June: see here (html) and here (pdf). The Bill is scheduled to have its second reading on 3 July but is unlikely to become law. Its purpose is to provide for the forfeiture in certain circumstances of the pensions of directors of banks wholly or partly in public ownership.Monday, 15 June 2009
UK: the Bankers' Pensions (Limits) Bill
The Bankers' Pensions (Limits) Bill was introduced in the House of Commons on 10 March. It is a private members' bill introduced by Ann Clwyd. A copy of the Bill was published on the Parliament website on 12 June: see here (html) and here (pdf). The Bill is scheduled to have its second reading on 3 July but is unlikely to become law. Its purpose is to provide for the forfeiture in certain circumstances of the pensions of directors of banks wholly or partly in public ownership.
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