Clause 15 - Income and Capital
State Pension Credit Bill [Lords]
6:00 pm
Mr James Clappison (Hertsmere, Conservative)
The hon. Gentleman is right to draw attention to the importance of the clause. We must carefully consider whether it will make people more or less willing to work part-time after they have retired, and I hope that the Under-Secretary can allay the several concerns that I have.
I listened carefully to the hon. Gentleman and I have read the words of Baroness Hollis. It seems that the Government's intention is to treat earnings the same as savings, subject to a disregard of £5 for single people and £10 for couples.