HANSARDCommons23 Jan 202311 contributions
Cost of Living: Pensioners
John Mc Nally (Falkirk) (SNP)
18. What recent assessment he has made of the adequacy of Government support for pensioners in the context of increases in the cost of living.
20. What recent assessment he has made of the impact of inflation on pensioners.
The Government have provided a record amount of support for pensioners this winter. More than 8 million households have received a £300 cost of living payment in addition to other support. Both the state pension and pension credit will be uprated from April by 10.1% in line with inflation. That means that for the first time the full amount of the new state pension will be more than £10,000 per year.
I thank the Minister for her answer, but the Government are again showing their disregard for the vulnerable of our society by failing to increase state benefits adequately for those who need them most. All the while, the Government disproportionately reward the most affluent areas of this country with their so-called levelling-up grants. Their disregard for the common people, and pensioners in particular, is plain to see. Can the Minister confirm whether there are any plans to reduce the levels of poverty suffered by people that has been caused by her Government and her Department failing to support them adequately?
May I remind the hon. Gentleman that under the Conservatives, absolute pensioner poverty has gone down and the state pension has gone up. This Government do deliver and will continue to deliver for pensioners across the United Kingdom.
Around 1,800 pensioner households in Lancaster and Fleetwood are eligible for but do not claim pension credit. With the rising cost of living, many more pensioners are struggling, so will the Minister lend her support to my campaign to encourage my constituents to check on older friends and relatives to see whether they are eligible for pension credit, and to support them to apply if they are eligible?
I pay tribute to the work that the hon. Lady is doing in her constituency to boost take-up of pension credit. I would love to work with her and all across the House on this important topic that we are all focused on.
Nigel Mills (Amber Valley) (Con)
The Minister will know that a lot of private pension schemes increase by inflation each year, but with inflation capped at 5%. Will she encourage the trustees of those schemes, where they have a healthy balance sheet, to increase their pensions by the full 10% this year to help out those pensioners who are struggling?
My hon. Friend does a lot of important work in this area. What he says is sensible, and all pension funds need to be looking at what more they can do to support pensioners.
I call the Chair of the Select Committee.