Retirement Age: Women

Baroness Altmann Excerpts
Wednesday 20th February 2019

(5 years, 2 months ago)

Lords Chamber
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Baroness Altmann Portrait Baroness Altmann (Con)
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My Lords, I congratulate the Government on all the work they have done to achieve a higher employment rate for older workers, and in particular for older women. That is important in supporting our economy. I also congratulate them on all the work they are doing in jobcentres to try to help older people back to work. My concern for the women affected here is about those who are facing real hardship who did not know about the changes. What progress has there been in supporting, whether in jobcentres or elsewhere, these women who are facing hardship?

Baroness Buscombe Portrait Baroness Buscombe
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My Lords, anybody facing a particular hardship can seek help from, and will be given support and help by, their local jobcentre. There is no question but that women can always have access, if they require it, at any age, to other state benefits to support them. Indeed, a percentage of the contributions to the national insurance scheme goes towards helping to fund contributory jobseeker’s allowance and the NHS; about 20% of receipts are used to fund the NHS. Our national insurance scheme operates on a pay-as-you-go basis: today’s contributors pay for today’s benefit recipients, including those in receipt of the state pension. It is also important to emphasise that we have communicated over the years with women directly affected by the changes in the 1995 Act. Between April 2000 and the end of January 2019, more than 26 million personalised state pension statements were sent out to women, including to myself and others born in the 1950s.