Proceeding contribution from Lord Freud (Conservative) in the House of Lords on Tuesday, 1 March 2011. It occurred during Debate on bill and Committee proceeding on Pensions Bill [HL].
Pensions Bill [HL]
I thank the noble Baroness, Lady Turner, for tabling this amendment and for giving us the opportunity to debate a key concern about increasing the state pension age and longevity. I use the soft ““g””, whereas I notice that the noble Lord uses the hard ““g””. We probably differ on other things as well. The noble Baroness raised the question of what older people want and whether they want to work longer. Research has found that people want to return to work, whether for financial, personal or practical reasons, and will find ways to do so if they are motivated, have recent work experience and if ill-health does not act as a barrier. In essence, the amendment is about whether it is fair for the state pension age to be the same for everyone irrespective of their circumstances or whether we should have a variable state pension age for certain groups. To echo what my noble friend Lord Flight said, one of our aims—which is in common with previous Governments—is to simplify an extremely complicated pensions system. The Bill contains various measures to simplify, from the abolition of the fiendishly complicated and fascinating PUCODIs, to which we will come shortly, the flexibility to consolidate additional pension—
Secondary information
- Type
- Proceeding contribution
- Reference
- 725 c130-1GC
- Session
- 2010-12
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Disability Carers Age Women Employment Equality Health Eligibility Employees' contributions Employers' contributions Ethnic groups Earnings rules Pension credit Personal income Workplace pensions Pensions Part-time employment Social security benefits State retirement pensions Life expectancy National employment savings trust scheme
- Legislation
- Pensions Bill (HL) 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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