Prime Minister David Cameron has suggested the introduction of the single tier state pension system at £155 per week will help to end gender discrimination.
Speaking in PMQ’s today, Cameron said: “In terms of ending discrimination in the pension system, I would say the introduction of the single tier pension system at £155pw will be one of the best ways we can end discrimination, because so many women retiring will be able to get so much more in their pension, which of course under this government is triple lock protected so they’ll get inflation, earnings or 2.5 per cent and never again the derisory 75p increase in the pension.”
His response came after he was challenged by SNP Westminster Leader Angus Robertson regarding the justification for discrimination towards women in the private sector, public sector and by the government.
Cameron’s comments have been made in the midst of ongoing debates about the introduction of the new state pension whether it has been communicated to savers effectively.
The Work and Pensions Select Committee published a report that suggested a number of changes need to be made to the new state pension in order to make it more clear to pensioners.
Particular reference was made to the state pension statements themselves, which “lack necessary information”. “This lack of clarity increases the chances that people misunderstand the value of their state pension or the age from which they will receive it,” the report stated.
However, Pensions Minister Ros Altmann has rebuffed suggestions saying the changes made in the interim report have already been done.
“That’s why I was a little confused by your interim report because it is calling for us to do exactly what we’ve done,” she said during a committee meeting.
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