State Retirement Pensions
The question
To ask the Secretary of State for Work and Pensions, what recent assessment he has made of the potential impact of maintaining two different types of state pension on the economy.
Answered by Torsten Bell
No recent assessment has been made. State Pensions are paid in accordance with the rules in place at the point the person reaches State Pension age.
This Government is committed to supporting both current pensioners and future retirees and ensuring a decent standard of living for all. That is why the Government have recently launched the Pensions Commission to ensure our pensions system delivers this in the decades ahead. The Pensions Commission will consider what is required in the long term to deliver a pensions framework that is stronger, fairer and more sustainable.
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