Older People: Anniversaries

(asked on 4th November 2014) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, if he will bring forward legislative proposals to introduce a Government financial recognition payment to all citizens who reach the age of 100 years.


Answered by
 Portrait
Steve Webb
This question was answered on 7th November 2014

We have no plans to do so.

This Government wants all pensioners to have a decent and secure income throughout their retirement. The restoration of the earnings link in legislation and the introduction of the coalition commitment to the triple guarantee benefit pensioners by providing a more generous State Pension, giving a solid financial foundation from the State which is essential as part of the pensions system. As a result of the Government's triple lock policy, someone on a full basic State Pension can expect to receive £440 more in 2014/15 than if it had been up-rated by earnings since the start of this Parliament, and the basic State Pension is forecast to represent a higher share of average earnings than at any time since 1992.

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