Women and Men: Pay Gap Debate
Full Debate: Read Full DebateDepartment: Ministry of Housing, Communities and Local Government
Baroness Janke
Main Page: Baroness Janke (Liberal Democrat - Life peer)Department Debates - View all Baroness Janke's debates with the Ministry of Housing, Communities and Local Government
(1 year, 9 months ago)
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Baroness Scott of Bybrook (Con)
I will talk to my colleagues in Health about that issue. I was not aware of it, but it is important and I will take it forward and come back to the right reverend Prelate.
Baroness Janke (LD)
My Lords, research has shown that the gender pensions gap between men and women is 17% at the start of women’s careers and a staggering 56% at retirement. What are the Government doing to make sure that women get a fair deal on retirement and do not lose out because they have taken on caring responsibilities or other unpaid but valuable work?
Baroness Scott of Bybrook (Con)
Measures have been put in place to improve the state pension outcomes for most women. More than 3 million women stand to receive an average of £550 more per year by 2030 as a result of the recent reforms. Under the new state pension, outcomes are projected to equalise for men and women by the early 2040s, more than a decade earlier than they would have under the old system, so I think we are on top of that issue.