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Item Details
| Title:
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THE REFERENDUM ON SEPARATION FOR SCOTLAND
IMPLICATIONS FOR PENSIONS AND BENEFITS, FIRST REPORT OF SESSION 2014-15, REPORT, TOGETHER WITH FORMAL MINUTES RELATING TO THE REPORT |
| By: |
Great Britain: Parliament: House of Commons: Scottish Affairs Committee, Ian Davidson |
| Format: |
Paperback |
| List price:
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£9.00 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
021507338X |
| ISBN 13: |
9780215073389 |
| Publisher: |
TSO |
| Pub. date: |
6 July, 2014 |
| Series: |
House of Commons Papers |
| Pages: |
32 |
| Synopsis: |
The Scottish Government's failure to properly cost its plans for both public and private pensions will leave Scots with uncertainty in an area where most value security. Evidence has cast very serious doubt over the possibility of a separate Scotland setting up a new benefits system by the 2018 deadline set by the Scottish Government. The Committee found that the Scottish Government's stated plans to consider delaying the increase in the pension age to 67 and to pay a proposed higher starting-rate than the rest of the UK are almost entirely uncosted. Many public pension schemes are not currently funded up to sufficient levels so the UK government steps in with additional funding and the Scottish Government has failed to make clear how much it would cost Scotland to bear these costs after separation. The proposed Scottish version of the UK Government's National Employment Savings Trust (NEST) would also fail to match the value for money of the current UK system and could take a long time to set up. On working age benefits, the Scottish Government's plans have failed to acknowledge the costs and complexities of disentangling Scottish claimants from the UK welfare system.The Scottish Government's plans to run two parallel systems in a transition period to separation are unfeasible. Establishing a new welfare system would be costly and complex and it could not be set up within the Scottish Government's suggested timetable. |
| Publication: |
UK |
| Imprint: |
TSO |
| Returns: |
Non-returnable |
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