Gender Pensions Gap

Lord Forsyth of Drumlean Excerpts

Monday 27th June 2022 Lords Chamber

[Baroness Stedman-Scott (Con)]

In relation to the point that many noble Lords have made about the time women have out of the workplace, I have outlined national insurance credits. In terms of the specifics that the Government are doing, I will need to write to the noble Baroness because I am not fully up to date on them.

[Lord Forsyth of Drumlean (Con)]

My Lords, would my noble friend like to remind the House that pensions are not provided for by any fund and come out of taxation? The fact that the Government have been able to increase the pension by the rate of inflation as from September is to their enormous credit. It is an enormous bill and the Government cannot do everything.

[Baroness Stedman-Scott (Con)]

I completely agree that the Government cannot do everything. It just is not possible. The triple lock is being restored for the rest of the Parliament and I think that, in the circumstances we are in, the Government have done a fine job on that.