Topical Questions

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 2:30 pm on 28th January 2013.

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Photo of Steve Webb Steve Webb The Minister of State, Department for Work and Pensions 2:30 pm, 28th January 2013

Those women will, of course, receive a state pension up to two years before a man born on the same day and have the option of being treated in the same way as a man—for example, they could defer their pension for two years and get an extra 20% for deferral. That is an option. We cannot bring the measure forward, however, because the occupational pension sector needs time. The only way we could treat men and women identically would be to delay until 2019, but if we did that many more women would be excluded.

Annotations

Peter Morris
Posted on 31 Jan 2013 2:16 pm (Report this annotation)

The issue Mr Webb is not that the ages are converging which is probably indisputable. The issue is that many of the affected women have had little notice of the increased acceleration of their state pension age. The new bill for the flat rate pension says people should be given at least 10 years notice of changes to the state pension age. However, your government has given women born in the mid 1950s much less than those 10 years. They have not had adequate time to plan and prepare for a much later retirement.

Anne Keen
Posted on 4 Feb 2013 6:34 pm (Report this annotation)

The is also the issue of the Coalition Government not honouring their word as clearly stated in the document "The Coalition: Our Programme for Government":

"We will phase out the default retirement age and hold a review to set the date at which the state pension age starts to rise to 66, although it will not be sooner than 2016 for men and 2020 for women. We will end the rules requiring compulsory annuitisation at 75".

What have you got to say to that Mr. Webb?