Alan Brown
Main Page: Alan Brown (Scottish National Party - Kilmarnock and Loudoun)Department Debates - View all Alan Brown's debates with the Attorney General
(8 years, 5 months ago)
Commons Chamber3. What assessment the Government have made of the effect of the single-tier state pension on gender equality.
10. What assessment the Government have made of the effect of the single-tier state pension on gender equality.
We have reformed the complicated pension system to introduce a simpler state pension. Together with automatic enrolment, the triple lock, the protection of pensioner benefits and new pension freedoms, that will ensure that pensioners, both women and men, have greater protection, security and choice in retirement.
I absolutely agree that it is important to prevent gender inequalities, but equally we have to be realistic and acknowledge that, across the country, people are living longer. If we want to carry on with a sustainable and affordable pension system we must equalise the state pension age for both men and women.
Forget the triple lock and the other measures to protect pensions that the Minister has just promoted; the simple fact is that according to the Institute for Fiscal Studies in future 14% of women will receive a lower income at state pension age than they would have under the current system. What discussions is the Minister having with colleagues from the Department for Work and Pensions to try to prevent that?
The new state pension is much more generous for many women. More than 3 million women stand to gain £550 a year by 2030 as a result of the changes.