State Pension: Age Increase
Lord Rooker Excerpts(1 week ago)
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Baroness Sherlock (Lab)
My Lords, information will be coming forward. We are doing a pension review at the moment. Stage 1 is coming to an end and stage 2 is coming through. There is also a pensions Bill coming through, and when that comes through, all the details will be made available.
Lord Rooker (Lab)
My Lords, why is it that those who are above the state pension age, whatever age it is, and still working and contributing to society are not required to pay national insurance? We are missing £1 billion-plus to the Treasury. National insurance is a tax; it does not pay for anything. It should be paid by all those who are working, irrespective of age.
Baroness Sherlock (Lab)
My Lords, of all the weeks when I am not going to start making up national insurance policy on the hoof, this is most definitely one of them. However, I hear what my noble friend says, and I will pass that along.