State Retirement Pensions

(asked on 23rd May 2023) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether his Department has made an assessment of the potential merits of establishing a sinking fund to fully fund the State Pension.


Answered by
Laura Trott Portrait
Laura Trott
Chief Secretary to the Treasury
This question was answered on 30th May 2023

There have been no assessments made regarding the potential merits of establishing a sinking fund. The Government has no plans to change the funding arrangements for the State Pension, which is paid for through the National Insurance Fund.

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