Lee Pitcher

Lee Pitcher

Labour — Doncaster East and the Isle of Axholme

Speaking in the House of Commons on 23 April 2025

Debate

Pension Funds

Contribution

I have a constituent who has worked for 44 years at Midland bank and HSBC. They were promised a pension of two thirds of their final salary, but they now face a 16% cut—that is over £1,700 per annum—because of the so-called state deduction. They were never told that the scheme was integrated, and even private pension reviews failed to explain it. Does the hon. Member agree that that lack of transparency is unacceptable and that workers like my constituent deserve answers?

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