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Proceeding contribution from Lynne Jones (Labour) in the House of Commons on Tuesday, 16 January 2007. It occurred during Debate on bill on Pensions Bill.


Pensions Bill

Some of us argue that the improvements in the basic state pension should be greater, and should be made more quickly, to improve the foundation for private savings, but the Secretary of State points to the issue of affordability. Is he not concerned about the fact that a large proportion of state expenditure on pensions goes towards supporting the personal pensions savings of higher-rate taxpayers? Could not some of those resources be switched to helping people on lower incomes, by improving the basic state pension?


Secondary information

Type
Proceeding contribution
Reference
455 c666 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Child benefit Carers Age Costs Women Employment Eligibility Expenditure Divorce Grandparents Index linking Pension credit Personal savings Low incomes Pay Workplace pensions Poverty Pensions Payments Personal pensions National insurance contributions Part-time employment Means-tested benefits Older workers Married people Low pay Lone parents Overseas residence Social security benefits State retirement pensions Reform Retirement Uprating Life expectancy Labour market Personal Accounts Delivery Authority State second pension
Legislation
Pensions Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk