1-20 of 24,640 results for subject:"State retirement pensions"
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To ask the Secretary of State for Work and Pensions, what estimate he has made of the number of parents entitled to an enhanced State Pension as a result of Home Responsibilities Protection but yet to apply.
To ask the Secretary of State for Work and Pensions, what estimate he has made of the number of parents entitled to an enhanced State Pension as a result of Home Responsibilities Protection but yet to apply.
Statistics on HMRC and DWP's Legal Entitlements and Administrative Practice exercise to correct historical errors involving Home Responsibilities Protection can be found here: Home Responsibilities Protection (HRP) State Pension underpayments: LEAP exercise to 31 March 2025.
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the fiscal sustainability of unfunded state and public sector pension liabilities.
To ask the Chancellor of the Exchequer, what recent assessment his Department has made of the fiscal sustainability of unfunded state and public sector pension liabilities.
The Office for Budget Responsibility’s recent fiscal sustainability analysis provides an independent assessment of the long-term cost of the state and unfunded public service pension schemes.
The report set out OBR’s assumption that net public service pension expenditure is expected to fall from around 1.2 per cent of GDP to around 0.9 per cent of GDP over the next 50 years. It also set out that State Pension expenditure is projected to rise from c.5% of GDP to c.9% of GDP by FYE 2076. These commitments are fully funded within our fiscal rules.
The Government continues to monitor the long-term sustainability of the public finances, including the fiscal implications of state and public service pensions.
To ask the Secretary of State for Work and Pensions, what estimate he has made of the annual cost from April 2028 of extending Triple Lock uprating to the additional State Pension and Graduated Retirement Benefit of persons who (a) reached State Pension age before 6 April 2016 and (b)...
To ask the Secretary of State for Work and Pensions, what estimate he has made of the annual cost from April 2028 of extending Triple Lock uprating to the additional State Pension and Graduated Retirement Benefit of persons who (a) reached State Pension age before 6 April 2016 and (b)...
No estimate has been made of the cost of this proposal.
To ask the Chancellor of the Exchequer, with reference to the answer of 3 August 2026 to Question HL2690 on State Retirement Pensions: Age, whether (a) his Department and (b) the OBR have assumed savings to public sector pension schemes from the raising of the statement retirement age to 68...
To ask the Chancellor of the Exchequer, with reference to the answer of 3 August 2026 to Question HL2690 on State Retirement Pensions: Age, whether (a) his Department and (b) the OBR have assumed savings to public sector pension schemes from the raising of the statement retirement age to 68...
HM Treasury has not assumed or quantified savings to public service pension schemes from increasing State Pension age to 68 between 2037 and 2039. The actuarial valuations undertaken under Treasury Directions use the State Pension age timetable in current legislation, under which the increase to 68 takes place between 2044 and 2046.
To ask the Chancellor of the Exchequer, further to the answer of 3 August 2026, to Question HL2690, on State Retirement Pensions: Age, whether adopting a state retirement age of 68 between 2037-39 has been assumed by (a) OBR and (b) HM Treasury in its estimates for the public finances...
To ask the Chancellor of the Exchequer, further to the answer of 3 August 2026, to Question HL2690, on State Retirement Pensions: Age, whether adopting a state retirement age of 68 between 2037-39 has been assumed by (a) OBR and (b) HM Treasury in its estimates for the public finances...
The Office for Budget Responsibility is independent and is responsible for the assumptions underpinning its forecasts and long-term fiscal projections. Their July 2026 Fiscal Risks and Sustainability report sets out the OBR’s assumption.
To ask His Majesty's Government whether the statement in the Office of Budget Responsibility's report Fiscal risks and sustainability, published in July, that their policy position is that the "state pension age reaches 68 between 2037 and 2039 [...] rather than [...] between 2044 and 2046 as is currently legislated for" is...
To ask His Majesty's Government whether the statement in the Office of Budget Responsibility's report Fiscal risks and sustainability, published in July, that their policy position is that the "state pension age reaches 68 between 2037 and 2039 [...] rather than [...] between 2044 and 2046 as is currently legislated for" is...
To ask His Majesty's Government if their policy position is as reported by the Office of Budget Responsibility, that the state pension age will reach 68 between 2037 and 2039, when and how this confirmation was given to the OBR; when they anticipate that the necessary legislation will be introduced; what formal...
To ask His Majesty's Government if their policy position is as reported by the Office of Budget Responsibility, that the state pension age will reach 68 between 2037 and 2039, when and how this confirmation was given to the OBR; when they anticipate that the necessary legislation will be introduced; what formal...
My Lords, I join other noble Lords in thanking the noble Lord, Lord Liddle, for the thoughtful way in which he introduced this important report. I declare my own interests as chairman of the Office for Strategic Coordination of Health Research. This is not the first report of a Select...
My Lords, I join other noble Lords in thanking the noble Lord, Lord Liddle, for the thoughtful way in which he introduced this important report. I declare my own interests as chairman of the Office for Strategic Coordination of Health Research. This is not the first report of a Select...
My Lords, ageing problems begin during childhood and are incubated by poor government policies. A June 2026 paper in Nature Human Behaviour noted that consequences of poverty, inequality and discrimination accelerate biological ageing from a very young age. Adults enduring childhood economic deprivation age at a significantly accelerated biological pace,...
My Lords, ageing problems begin during childhood and are incubated by poor government policies. A June 2026 paper in Nature Human Behaviour noted that consequences of poverty, inequality and discrimination accelerate biological ageing from a very young age. Adults enduring childhood economic deprivation age at a significantly accelerated biological pace,...
My Lords, I am grateful to the Economic Affairs Committee for this report. It reminds us that an ageing society is not simply about older people, it is about how we structure our whole lives and how that may need to change in future. I will touch on two points;...
My Lords, I am grateful to the Economic Affairs Committee for this report. It reminds us that an ageing society is not simply about older people, it is about how we structure our whole lives and how that may need to change in future. I will touch on two points;...
My Lords, I congratulate the committee on some first-rate analysis. An ageing population has been long foreseen and long debated. Very occasionally, Governments have taken action. I recall working on the reforms to SERPS introduced by my noble friend Lord Fowler in the 1980s. But for the most part, Governments...
My Lords, I congratulate the committee on some first-rate analysis. An ageing population has been long foreseen and long debated. Very occasionally, Governments have taken action. I recall working on the reforms to SERPS introduced by my noble friend Lord Fowler in the 1980s. But for the most part, Governments...
My Lords, I congratulate the Economic Affairs Committee on its excellent report. One passage particularly struck me: paragraph 40, where, in discussing the implications of an ageing society, Richard Hughes of the OBR highlighted the pressures that demographic change will place on the public finances.
Those pressures are real, and they...
My Lords, I congratulate the Economic Affairs Committee on its excellent report. One passage particularly struck me: paragraph 40, where, in discussing the implications of an ageing society, Richard Hughes of the OBR highlighted the pressures that demographic change will place on the public finances.
Those pressures are real, and they...
My Lords, a strong theme in this excellent report is the importance of people aged over 50 remaining in the workforce—the other NEETs—and the challenge in the report is clear. Perhaps I can make the Minister one specific Budget representation on this issue. At the moment, people with pension savings...
My Lords, a strong theme in this excellent report is the importance of people aged over 50 remaining in the workforce—the other NEETs—and the challenge in the report is clear. Perhaps I can make the Minister one specific Budget representation on this issue. At the moment, people with pension savings...
My Lords, my comments on this excellent report concern a missing ingredient and omission from it: the role played by housing policies in preparation for demographic change. I am not seeking to make the case for private and public investment in more manageable, accessible, right-sizer accommodation that enhances health and...
My Lords, my comments on this excellent report concern a missing ingredient and omission from it: the role played by housing policies in preparation for demographic change. I am not seeking to make the case for private and public investment in more manageable, accessible, right-sizer accommodation that enhances health and...
My Lords, one of the challenges of speaking so late in the debate is that many brilliant points that you thought you might cover have already been made, and the noble Lord, Lord Best, just made one of them. It is one of my biggest concerns about the increasing costs...
My Lords, one of the challenges of speaking so late in the debate is that many brilliant points that you thought you might cover have already been made, and the noble Lord, Lord Best, just made one of them. It is one of my biggest concerns about the increasing costs...
My Lords, earlier this week, I was pondering on which aspect of this most impressive report on ageing I might usefully make a small contribution. As a relatively new chair of the SCIE—the Social Care Institute for Excellence—it seemed important to make the links between the new enthusiasm from our...
My Lords, earlier this week, I was pondering on which aspect of this most impressive report on ageing I might usefully make a small contribution. As a relatively new chair of the SCIE—the Social Care Institute for Excellence—it seemed important to make the links between the new enthusiasm from our...
My Lords, people aged over 85 are the fastest-growing population segment, but we are also having far fewer children. This is a problem, as the excellent report highlighted. The committee doubts that financial incentives can reverse falls in fertility. I do not entirely agree. Since the 1950s, successive French Governments...
My Lords, people aged over 85 are the fastest-growing population segment, but we are also having far fewer children. This is a problem, as the excellent report highlighted. The committee doubts that financial incentives can reverse falls in fertility. I do not entirely agree. Since the 1950s, successive French Governments...
My Lords, I commend the Economic Affairs Committee for producing this report and thank the noble Lord, Lord Liddle, for his comprehensive introduction.
The committee has offered a sobering assessment of our inadequate preparedness for an ageing society, and I fully endorse the recommendations of the report, particularly the emphasis on...
My Lords, I commend the Economic Affairs Committee for producing this report and thank the noble Lord, Lord Liddle, for his comprehensive introduction.
The committee has offered a sobering assessment of our inadequate preparedness for an ageing society, and I fully endorse the recommendations of the report, particularly the emphasis on...
My Lords, I join other noble Lords on the committee in thanking our recently departed chair, the noble Lord, Lord Wood, who was an excellent chair, as we have all agreed. I have only one tiny criticism about his chairmanship and his drafting of this report, and I speak as...
My Lords, I join other noble Lords on the committee in thanking our recently departed chair, the noble Lord, Lord Wood, who was an excellent chair, as we have all agreed. I have only one tiny criticism about his chairmanship and his drafting of this report, and I speak as...
My Lords, this is a valuable and timely report. It continues the tradition of high-quality reports from the Economic Affairs Committee, and I join the tributes to the noble Lord, Lord Wood of Anfield, in his role as chair, to the noble Lord, Lord Liddle, for his clear and compelling...
My Lords, this is a valuable and timely report. It continues the tradition of high-quality reports from the Economic Affairs Committee, and I join the tributes to the noble Lord, Lord Wood of Anfield, in his role as chair, to the noble Lord, Lord Liddle, for his clear and compelling...