Benefits Uprating

Helen Goodman Excerpts
Wednesday 8th December 2010

(13 years, 5 months ago)

Commons Chamber
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Steve Webb Portrait Steve Webb
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I am grateful to my hon. Friend for stressing that, as well as setting benefit rates, the Department, led by my right hon. Friend the Secretary of State, is looking at major structural reform to ensure that work pays. The hon. Member for Leeds West asked about making sure work pays, and we need to ensure that the move into work is seamless, people know what they will get and there are not the complexities of multiple withdrawal rates. I think that history will judge this Department and my right hon. Friend’s record very favourably for putting in place the structural reform that has been overdue for far too long.

Helen Goodman Portrait Helen Goodman (Bishop Auckland) (Lab)
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The Minister is very good at giving long, process answers to our questions, but I should like to ask him one simple, factual question. How much does he forecast the average pensioner losing over the next five years due to the switch from RPI to CPI?

Steve Webb Portrait Steve Webb
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My forecast is that the average pensioner will gain from our announcements today. I understand why the hon. Lady wants to pick out one little bit, but she knows that the average pensioner draws a basic state pension, which we have restored to earnings, which more than offsets any change to CPI.