Public Service Pensions Bill Debate

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Department: HM Treasury

Public Service Pensions Bill

Derek Twigg Excerpts
Monday 29th October 2012

(11 years, 6 months ago)

Commons Chamber
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Derek Twigg Portrait Derek Twigg (Halton) (Lab)
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My hon. Friend makes an important point. Many of my constituents contact me about the impact on pensioners of the wholesale changes that the Government are proposing and have made in respect of this notice period and the fact that people are having to change their plans. That has caused great distress and worry to many of my constituents. I am pleased that she is addressing the point, because the Government seem to be ignoring it.

Rachel Reeves Portrait Rachel Reeves
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I thank my hon. Friend for his intervention. We argued exactly the same point when the Government arbitrarily increased the state pension age for women in their late 50s with just six years’ notice given. When Lord Turner carried out the review of state pensions for the previous Government, he recommended a 15-year notice period be given, and the Pensions Policy Institute recommends a 10-year notice period. Such notice needs to be given and it is not enshrined in this Bill.