State Retirement Pensions

(asked on 18th December 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether her Department has made an assessment of the potential merits of equalising the (a) basic and (b) new State Pension.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 8th January 2025

We are absolutely committed to supporting pensioners and giving them the dignity and security they deserve in retirement.

We have made no such assessment. It is not possible to make direct, like for like comparisons between State Pension amounts received under the pre 2016 State Pension system and the new State Pension. Under both systems, the amount people are entitled to varies according to their National Insurance record. It is not the case that everyone in the new system receives more than everyone in the pre 2016 system.

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