Correspondence Apr. 24 2024
Committee: Work and Pensions Committee (Department: Department for Work and Pensions)Found: Rt Hon Sir Stephen Timms MP Chair, Work and Pensions Select Committee House of Commons
Mentions:
1: Damian Collins (Con - Folkestone and Hythe) Stiles decided to sell his medals, including his World cup-winning medal, which helped pay for his retirement - Speech Link
2: Stuart Andrew (Con - Pudsey) of support for former players and their families, which of course includes assistance with claiming state - Speech Link
3: Stuart Andrew (Con - Pudsey) The Department for Work and Pensions provides specific support for that benefit and the Industrial Injuries - Speech Link
Mentions:
1: None I hope that in retirement he will speak frankly about the pressures that his colleagues who are still - Speech Link
2: None Pension Credit Act 2002, the Tax Credits Act 2002, the Welfare Reform Act 2007 or the Pensions Act 2014 - Speech Link
3: None Pension Credit Act 2002, the Tax Credits Act 2002, the Welfare Reform Act 2007 or the Pensions Act 2014 - Speech Link
Asked by: Mark Hendrick (Labour (Co-op) - Preston)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, if he will make an assessment of the potential merits of lowering the State Pension age to 60.
Answered by Paul Maynard - Parliamentary Under-Secretary (Department for Work and Pensions)
The Government has no plans to make such an assessment.
Changes to State Pension age were made over a series of Acts by successive governments from 1995 onwards, following public consultations and extensive debates in both Houses of Parliament.
Further changes were introduced through the Pensions Acts 2011 and 2014 in order to protect public finances and maintain the sustainability of the State Pension over the long term. Under the 2011 Pensions Act the State Pension age for women and men rose to 66.
The rise in State Pension age to 67 has been planned since 2014. Since then, the Government has undertaken two statutory State Pension age reviews, one in 2017 and one in 2023. These reviews both considered whether the existing rules about the timetable for State Pension age rising to 67 remained appropriate.
Both reviews, including the Independent Reports that supported them, concluded that the rules concerning the increase in State Pension age from 66 to 67 should continue as planned.
Asked by: Mark Hendrick (Labour (Co-op) - Preston)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, whether he plans to undertake a review into the potential merits of issuing compensation to all women impacted by changes to the State Pension age.
Answered by Paul Maynard - Parliamentary Under-Secretary (Department for Work and Pensions)
In laying the report before Parliament at the end of March, the Ombudsman has brought matters to the attention of this House, and a further update to the House will be provided once the report's findings have been fully considered.
Asked by: Mark Hendrick (Labour (Co-op) - Preston)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of exempting state pension from tax; and if he will make an assessment of whether state pension should be classified as income.
Answered by Nigel Huddleston - Financial Secretary (HM Treasury)
The Personal Allowance is currently set at a level high enough to ensure that those pensioners whose sole income is the full rate of the new State Pension or basic State Pension do not pay any income tax.
The Government keeps all aspects of the tax system under review and any decision on future changes will be made by the Chancellor in the context of the wider public finances.
Apr. 23 2024
Source Page: 2020 Valuation - NHS Pension Scheme (England and Wales)Found: This report is addressed totheSecretary of State for Health and Social Care .
Apr. 23 2024
Source Page: 2020 Valuation - NHS Pension Scheme (England and Wales)Found: Pension ageAs legislated for in the Pensions Act 1995, Pensions Act 2007, Pensions Act 2011 and Pensions
Apr. 23 2024
Source Page: 2020 Valuation - NHS Pension Scheme (England and Wales)Found: This report is addressed totheSecretary of State for Health and Social Care.
Apr. 23 2024
Source Page: 2020 Valuation - Judicial Pension SchemesFound: This suggests most members currently work until their retirement. Where can I see more?