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Pensions

Volume 472: debated on Monday 3 March 2008

To ask the Chancellor of the Exchequer if he will consider bringing the proposed link with earnings for pensions forward in preparing for his forthcoming Budget. (190667)

The Government have already set out their commitment to link the basic state pension to earnings in the next Parliament. A decision to bring forward that link would require additional spending on state pensions over and above the reform package set out in the May 2006 White Paper and agreed in the Pensions Act 2007.