On the 22nd January the Bishop of Derby Lead a debate on a Church of England Measure reforming the Church Pensions system. The House of Lords considered and approved the Measure which will now move to the House of Commons.

Church of England Pensions (Amendment) Measure

Motion to Direct

Moved by The Lord Bishop of Derby

That this House do direct that, in accordance with the Church of England Assembly (Powers) Act 1919, the Church of England Pensions (Amendment) Measure be presented to Her Majesty for the Royal Assent.

The Lord Bishop of Derby: My Lords, this very short Measure makes a single change to the Church of England Pensions Measure 1997. It extends by a further seven years the period during which the Church Commissioners have power to use the capital of their general fund in order to fund their historic pension obligations. The Pensions Measure 1997 conferred the original power on the commissioners to spend capital in order to support their responsibility to pay pensions for clergy service before 1998. The original power came to an end in 2004, and has been extended twice since then, on each occasion for seven years. Continue reading “Bishop of Derby takes Church of England Measure on Pensions through the House of Lords”