Employers shouldn’t be allowed to break their promises on pensions – Debbie Abrahams

Debbie Abrahams MP, Labour’s Shadow

Secretary of State for Work and Pensions, commented on the Governments Defined Benefit Green
Paper, said:

“Moves to allow employers to
erode the value of their workers’ pensions, which could reportedly cost 11
million pensioners thousands of pounds, are absolutely unacceptable.

“Employers shouldn’t be allowed
to break their promises on pensions and we will not stand by while the
Government gives the green light to companies to downgrade them.

“The Tories are letting older
people down, Labour will fight to guarantee a secure retirement.”