Oral Answers to Questions

Bob Seely Excerpts

Thursday 11th July 2019 Commons Chamber

The Minister for Women and Equalities was asked—

[Mr Bob Seely (Isle of Wight) (Con)]

1. What steps the Government are taking to support women facing pension inequality.

[The Parliamentary Under-Secretary of State for Work and Pensions (Will Quince)]

Before I respond, may I say, on behalf of our Front-Bench team and, I hope, of the whole House, how proud we are of the Lionesses for their exceptionally inspirational performance in the women’s World cup?

Recent state pension reforms have meant that by 2030 more than 3 million women will be £550 a year better off on average. Automatic enrolment has helped to equalise workplace pension participation, and the Government’s gender inequality road map sets out our proposals to tackle financial instability in later life.

[Mr Seely]

Equalising the pension age has been very painful. We understand the reasons for it, but it is very painful for many of my constituents—females born in the 1950s. What has the Minister’s Department done to militate against that? What more can be done to avoid hardship for that age group?

[Will Quince]

My hon. Friend is a strong advocate for his constituents. This Government have already introduced transitional arrangements costing £1.1 billion; this concession reduced the proposed increase in state pension age for more than 450,000 men and women, and means that no woman will see her pension age change by more than 18 months, relative to the original Pensions Act 1995 timetable. For those experiencing hardship, the welfare system continues to provide a safety net, with a range of benefits tailored to individual circumstances.