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PARLIAMENTARY WRITTEN QUESTION
(15 November 2024)

Question Asked

To ask the Secretary of State for Work and Pensions, what assessment she has made of the adequacy of the State Pension.

Asked by:
Steve Darling (Liberal Democrat)

Answer

Our system of state, private, and workplace pensions provides the basis for security in retirement. Our commitment to increase the State Pension by the Triple Lock is helping both today’s pensioners and the pensioners of tomorrow. Over the course of this Parliament, the full yearly rate of the new State Pension is forecast to increase by around £1,900.

Together, the new State Pension and Automatic Enrolment provide a robust system for retirement. Those on low incomes are supported by Pension Credit which continues to provide a safety net.


Answered by:
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1 January 1970            

        

            
                            
                            
                        

                    


                                    

                    

                        

                    

                

            
                    

                                    

                

                    
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