Oral Answers to Questions Debate
Full Debate: Read Full DebateRoger Williams
Main Page: Roger Williams (Liberal Democrat - Brecon and Radnorshire)Department Debates - View all Roger Williams's debates with the Department for Work and Pensions
(11 years, 3 months ago)
Commons ChamberWe have brought together various aspects of the energy sector in a single department. That bringing together of complementary skills is a sensible response to the increased diversification of the energy sector. I can assure the hon. Gentleman that there is no slackening of focus on the offshore sector; indeed, we are recruiting more offshore inspectors.
5. What assessment he has made of the effects of planned changes to the state pension on women born between April 1952 and April 1953.
We have published a detailed assessment of women in that group, and we have found that an overwhelming majority will receive more pension over their lifetime than under the existing system than would a man born on the same day who receives a single-tier pension.
I thank the Minister for that reply, and for the work that he has done on this matter. Given the fact that the new system and the current one will run concurrently after the implementation of the single-tier pension, can he reassure women in the affected age group that none will lose out in the transition, compared with women who are eligible for the proposed single-tier pension? Would he also consider meeting a group of women from my constituency to discuss the matter?
Obviously, women in the age group we are talking about get a basic state pension based on 30 years, whereas those under single tier will need 35 years and those a few years older need 39 years. Each group has a different system, but the key point is that the new system will cost exactly the same as the system it replaced. We are not putting extra money into new pensions and ignoring today’s pensioners; it is the same amount of money, but spent in a simpler way.