Member

Finally, I turn to Lords Amendment 77, which called for a review of public service pension schemes. I am grateful to the noble Baroness, Lady Neville-Rolfe, for making herself available yesterday to engage my colleague the Minister for Pensions. I agree with her that it is crucial for the Government to understand the intergenerational impact and long-term costs of public service pensions, and to ensure that these costs are taken into account when making staffing decisions in the public sector. The Government have listened closely to the arguments made during the Bill’s passage, both in this House and in the other place. In response, the Government brought forward a concession in the other place, and I can confirm that they have now agreed to that concession.