Retirement Age: Women

Baroness Bryan of Partick Excerpts
Wednesday 20th February 2019

(5 years, 2 months ago)

Lords Chamber
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Asked by
Baroness Bryan of Partick Portrait Baroness Bryan of Partick
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To ask Her Majesty’s Government how much in additional contributions has been paid into the National Insurance Fund as a result of the extension of the retirement age for women born in the 1950s.

Baroness Buscombe Portrait The Parliamentary Under-Secretary of State, Department for Work and Pensions (Baroness Buscombe) (Con)
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My Lords, I can confirm that between October 2017 and September 2018 there were 1.4 million women aged 60 and over employed in the UK. However, I am unable to say how this equates to national insurance contributions. This is because some women may earn under the primary threshold and therefore not pay national insurance contributions and, conversely, others may choose to pay voluntary national insurance contributions but are not working.

Baroness Bryan of Partick Portrait Baroness Bryan of Partick (Lab)
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I thank the Minister for that Answer. When the previous Chancellor of the Exchequer accelerated the equalisation of the state pension age for women he congratulated himself by saying:

“I’ve found it one of the less controversial things we’ve done and probably saved more money than anything else we’ve done”.


I assume he had a rough idea of what he was going to get in. It was less controversial because at that point the women who would be affected had not actually been told and the WASPI campaign had not got off the ground. Does the Minister think it is fair that these women, many of whom sacrificed their pension rights to bring up families and who are often excluded from workplace pensions, should be making a disproportionate contribution to reducing the deficit while those who helped cause it got off scot free?

Baroness Buscombe Portrait Baroness Buscombe
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My Lords, since 1995, successive Governments, including the Government of the party opposite, have gone to significant lengths to communicate these changes using a range of formats, communication methods and styles, including communication campaigns, leaflets and information online. But it is also important to emphasise that there is no link between the balance of the National Insurance Fund and the decision to introduce changes to the state pension age. Changes to the state pension age have been introduced by successive Governments since 1995 to address a long-standing inequality in the state pension age.