Equitable Pay: Women

Part of Women and Equalities – in the House of Commons on 26 April 2023.

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Photo of Kemi Badenoch Kemi Badenoch Minister of State (Housing, Communities and Local Government), Minister of State (Foreign, Commonwealth and Development Office), Minister for Women and Equalities, Secretary of State for Business and Trade, President of the Board of Trade, Minister for Women and Equalities

The gender pensions gap, as the hon. Lady has described it, is a complex issue. It is tied to the labour market, the pensions system and demographic differences. By 2030 more than 3 million women will have benefited from a higher state pension through our new state pension reforms. On average, female pensioners will receive around £570 a year more than they would have received under the previous system. That is the work that we are doing to address this issue.