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State Pension Reform

Volume 526: debated on Monday 4 April 2011

I am today publishing the consultation document, “A State Pension for the 21st century” (Cm 8053), which looks at whether the existing pensions system is suitable for meeting the challenges of the future. We want to create a simple, decent state pension, that is easy to understand and efficient to administer, which gives people more clarity and certainty about what they will get from the state, thereby giving them a firm foundation for decisions about saving to fund their retirement.

A copy of the consultation document will be available on the Department’s website at: www.dwp.gov.uk/state-pension-21st-century, later today. Copies will also be available in the Vote Office and the Printed Paper Office later today.

We look forward to hearing the views of the many groups and individuals who will have an interest.