State Pension Age

Helen Jones Excerpts
Wednesday 2nd March 2016

(8 years, 2 months ago)

Commons Chamber
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Iain Duncan Smith Portrait Mr Duncan Smith
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I will repeat the figures. They are backed by what our right hon. and learned Friend the Member for Rushcliffe (Mr Clarke), the Chancellor in a previous Conservative Government, once said with great foresight. The fact is that life expectancy for a man who retired in 1945, when the pensionable age was 65, was between 60 and 63. With the same retirement age, the expected period in retirement has risen to about 27 years. We must take that into consideration. I want more people to be able to work longer, and it was me and the then Pensions Minister who raised the default retirement age to stop companies telling people that they could not work past 65. Such people can now carry on working. We have done a lot, and this review is all part of that process.

Helen Jones Portrait Helen Jones (Warrington North) (Lab)
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The Secretary of State said that he wanted to reward those who work hard and do the right thing. He did not do that for women born in the 1950s, many of whom were given only three years’ notice of the acceleration in their state pension age. Will he now give the House a commitment that he will not, as he did in the Pensions Act 2011, further accelerate the changes in the state pension age that are due to come in up to 2046?

Iain Duncan Smith Portrait Mr Duncan Smith
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I accept that the hon. Lady raises a legitimate point but I wish that, in doing so, she would encompass the fact that she sat on the Labour Benches under a Government who raised the pensionable age and that accusations of “no notice” can very much be lodged at the door of the previous Labour Government. I simply say to her that, during the last Government, we made changes to improve the lot of many of those affected. As I have said, the independent review will look at all of that post-2028 and make recommendations about the best way forward. I hope that she will give evidence to the review if she has such concerns.