(9 months, 1 week ago)
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Yes, I absolutely agree with the hon. Member and certainly we are aware of the gender pay gap, which is getting bigger and bigger. I have referred to the fact that women generally live longer than men, so they lose out at that end as well, in that they get only half a pension if they are widowed.
Many of us have taken extended maternity leave to be with our children during their formative years, and we shoulder a disproportionate burden of care. By the time they are 46, half of all women will have taken time out of the workplace for care purposes, including stepping up to look after elderly relatives, meaning they will miss out on vital contributions to their workplace pension. Even if they are one of the three quarters of working-age women in employment, there is a 33% chance they are in part-time employment, increasing the likelihood that they will miss out on the benefits of auto-enrolment under the current regulations.
Under the last Labour Government, pensioner poverty halved. Yet on this Government’s watch it has risen so that one in five pensioners now live in poverty. That is scandalous.
The hon. Member has made some strong points so far. She is talking about the last Labour Government. The last Labour manifesto promised £58 billion over the course of the next Parliament to give compensation to WASPI women. Will that be in the upcoming manifesto for the next election?
I am not here today to announce our manifesto or any of our manifesto commitments.
However, I can say that I have been meeting the WASPI women regularly since I took this role just a few months ago. I am honoured to be in what I believe is a friendly and honest dialogue with them, and I will continue to do that throughout the coming months and beyond, should I be in the same position.