State Pension Reform Debate
Full Debate: Read Full DebateDepartment: Department for Work and Pensions
Jacob Rees-Mogg
Main Page: Jacob Rees-Mogg (Conservative - North East Somerset)Department Debates - View all Jacob Rees-Mogg's debates with the Department for Work and Pensions
(13 years, 8 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Jacob Rees-Mogg (North East Somerset) (Con)
What the Minister has announced will be enormously welcome in my constituency. I know from correspondence with my constituents that they will be particularly interested in the raising of the state pension age, because they want a degree of certainty about when they can expect to retire. I urge the Minister to provide that certainty as rapidly as possible.
Steve Webb
As my hon. Friend says, people want certainty about the future. We have said that we must move rapidly in respect of those reaching the age of 66. However, the new mechanism is designed not just to make changes more automatic, but to provide notice periods. Young people will not have that certainty, because life expectancy is always changing, but as people approach the state pension age, we want to be able to give them more certainty. That is part of our plans.