State Retirement Pensions

(asked on 4th November 2025) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, with reference to page 29 of the document by the OBR entitled Fiscal risks and sustainability, published on 8 July 2025, whether her Department has made its own assessment of the long-term sustainability of the state pension.


Answered by
Torsten Bell Portrait
Torsten Bell
Parliamentary Secretary (HM Treasury)
This question was answered on 11th November 2025

The Government is absolutely committed to supporting pensioners and giving them the dignity and security they deserve in retirement.

State Pension payments are paid from the National Insurance Fund (NIF). The Government reviews forecasts of the NIF balance every five years to inform future decisions. The Government Actuary’s Department is currently undertaking its quinquennial review.

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