State Retirement Pensions

Department for Work and Pensions written question – answered at on 30 May 2023.

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Photo of Damien Moore Damien Moore Conservative, Southport

To ask the Secretary of State for Work and Pensions, whether his Department has plans to fully fund the State Pension.

Photo of Damien Moore Damien Moore Conservative, Southport

To ask the Secretary of State for Work and Pensions, whether his Department has made an assessment of the potential merits of establishing a sinking fund to fully fund the State Pension.

Photo of Laura Trott Laura Trott The Parliamentary Under-Secretary of State for Work and Pensions

There have been no assessments made regarding the potential merits of establishing a sinking fund. The Government has no plans to change the funding arrangements for the State Pension, which is paid for through the National Insurance Fund.

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