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State Pension Age: Review

30 March 2023

Lead MP

Mel Stride

Debate Type

Ministerial Statement

Tags

TaxationForeign AffairsBenefits & WelfareParliamentary Procedure
Other Contributors: 17

At a Glance

Mel Stride raised concerns about state pension age: review in the House of Commons. A government minister responded. Other MPs also contributed.

How the Debate Unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said:

Government Statement

TaxationForeign AffairsBenefits & WelfareParliamentary Procedure
Government Statement
With permission, Madam Deputy Speaker, I make a statement on the second review of the state pension age. The Government commissioned two reports to form part of the evidence base: one from the Government Actuary and another independent report by Baroness Neville-Rolfe. These reviews highlight the importance of ensuring that we have reliable data before making decisions impacting millions of people, particularly concerning improvements in life expectancy and their sustainability. Despite an increase in life expectancy over the past century, recent trends show a slowing pace compared to previous decades. Therefore, I agree with the recommendation that the rise from 66 to 67 should occur between 2026 and 2028, as previously legislated. However, given recent uncertainties such as the impact of the pandemic and global inflation, Baroness Neville-Rolfe suggests delaying the increase from 67 to 68 until between 2041 and 2043. The Government are committed to a further review within two years of the next Parliament to ensure decisions reflect the latest information on life expectancy and demographic trends. They remain dedicated to providing dignity and security in retirement while ensuring fiscal sustainability.

Shadow Comment

Jon Ashworth
Shadow Comment
The Opposition agrees that it is not the right time to accelerate a rise in the state pension age, despite previous Government statements supporting such action. The shadow questions whether today's review still considers bringing forward an increase to 2037, indicating this was once a policy ambition but now seems abandoned amid electoral pressure. Ashworth criticises the Government for failing to address the widening life expectancy gap between wealthy and poorer areas, highlighting significant disparities across regions. He attributes these issues to inadequate healthcare access, social care cuts, poverty, job insecurity, poor housing conditions, and rising child and pensioner poverty rates under Conservative rule. While welcoming today's decision not to accelerate the state pension age rise, Ashworth calls it a damning indictment of 13 years of failure by the Government.
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