Early day motion tabled by primary sponsor Nick Harvey (Liberal Democrat), on Thursday, 5 March 2015, in the House of Commons. It is signed by 52 members in total.

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PARTIAL UPRATING FOR FROZEN PENSIONS

That this House notes with concern the situation faced by 550,000 British pensioners living overseas, primarily in Commonwealth countries, who are currently deprived of annual state pension uprating adjustments by the Government's frozen pension policy; believes that there is a positive incremental solution of partial uprating, involving introducing annual uprating to all currently frozen pensions going forward, but from their current rate only; further notes that partial uprating would cost just £37 million and carry no legal risks of historic back payment claims; further notes that partial uprating would benefit all currently frozen pensioners immediately by ending the real terms year-on-year decline of their state pensions; further notes that partial uprating would remove the frozen pension problem completely for future retirees; further notes that this would remove a significant current barrier to pensioner emigration from the UK, offering significant consequential savings that would more than cover the upfront costs, even in year one; and calls on the Government to implement partial uprating as an affordable and practical means to offer dignity in retirement to all British pensioners, based on their historic contributions, not place of residence.

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Secondary information

Type

Early day motion

Reference

845 

Session

2014-15

Other sponsors

Caroline Lucas

Lord Brady of Altrincham

Anne Begg

Yasmin Qureshi

Craig Whittaker

Subjects

British nationals abroad State retirement pensions Uprating

Link

View this Early day motion on www.parliament.uk