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State Pension

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 2:30 pm on 25th June 2012.

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Photo of Steve Webb Steve Webb The Minister of State, Department for Work and Pensions 2:30 pm, 25th June 2012

The Chancellor confirmed in Budget 2012 that the Government will introduce a simpler, single-tier pension for future pensioners set above the basic level of the means test to better support saving for retirement—and I am pleased to say that the Prime Minister has reiterated that commitment today.