Pensions: Gender Gap Debate

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Baroness Wheatcroft

Main Page: Baroness Wheatcroft (Crossbench - Life peer)

Pensions: Gender Gap

Baroness Wheatcroft Excerpts
Tuesday 13th July 2021

(2 years, 10 months ago)

Lords Chamber
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Baroness Scott of Bybrook Portrait Baroness Scott of Bybrook (Con)
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My Lords, this issue has come up before in this Chamber. We are looking at it, but we have no plans to change anything at this time.

Baroness Wheatcroft Portrait Baroness Wheatcroft (CB)
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My Lords, the noble Lord, Lord Dobbs, referred to the triple lock. Does the Minister agree with me that the triple lock merely enshrines the inequality in the pensions received by men and by women, which should be reason enough to examine it again?

Baroness Scott of Bybrook Portrait Baroness Scott of Bybrook (Con)
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No, I do not agree with the noble Baroness. We are committed to ensuring that older people are able to live with the dignity and respect that they deserve. The state pension is the foundation of the support for older people. As a result, the triple lock and the full yearly basic state pension is now £2,000 higher than it was in 2010. It is important that we consider that every year and ensure that we keep that fairness for both pensioners and taxpayers.