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Full Debate: Read Full DebateAndrew Stephenson
Main Page: Andrew Stephenson (Conservative - Pendle)Department Debates - View all Andrew Stephenson's debates with the Department for Work and Pensions
(8 years, 6 months ago)
Commons ChamberIt is important that the hon. Gentleman appreciates that the new state pension is based on national insurance contributions. He will be aware that for many years many people have contracted out, and a small portion of their national insurance has gone towards a work pension or a private pension. If they add the new state pension to their other pension, which was paid for by national insurance contributions, they will find that in many cases they will be better off than they would be under the new state pension, which is £155.65.
Will not the new state pension remove injustices that have persisted for far too long, benefiting women and low earners especially?