Tag Archives: state pension

Raising the age of retirement: 69% of Lib Dems back move to increase it to 69

Lib Dem Voice has polled our members-only forum  to discover what Lib Dem members think of various political issues, the Coalition, and the performance of key party figures. Some 750 party members responded – thank you – and we’re publishing the full results.

69% of Lib Dems back raising the retirement age to 69

The Chancellor has said that the retirement age for state pensions will rise to 68 in the mid-2030s and 69 in the late 2040s. People now in their twenties may have to work until they are 70 before they receive a state pension. Do you support or

Posted in LDV Members poll | Also tagged | 34 Comments

Opinion: Are current state pension arrangements fair?

Two stories jumped out at me this week as being deeply connected. Stephen Tall praised Ed Balls for not ignoring the huge chunk of welfare spending that goes to pensioners. Then, a new website from Public Health England reminded us of the country’s large health inequalities. These inequalities should give us extra cause to question the fairness of current spending on pensioners.

As Stephen wrote “Spending on the state pension will increase by nearly 20% in real terms between 2010–11 and 2017–18.” The challenge of an ageing population was present even before the financial crisis. It’s now …

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Michael Moore MP’s Westminster Notes

Snow near St Abbs - Some rights reserved by Effervescing ElephantEvery week, Liberal Democrat Secretary of State for Scotland, Michael Moore MP, writes a column for newspapers in his Borders Constituency. Here is the latest edition. 

State pension

In my column last week I touched upon the Government’s plans, announced by Lib Dem Pensions Minister Steve Webb, to introduce a single tier State Pension of £144 in 2017. The new pension will mean

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Nick Clegg’s Letter from the Leader: “Steve Webb’s pension reforms are a great step forward”

Europe might have been the focus for much of the commentariat this week, but there’s no doubt what’s been the most significant domestic news: the Coalition’s reforms of the state pension. And it’s that issue — and Steve Webb’s contribution to it — which is the focus of Nick Clegg’s latest letter: ‘you can tell that Steve Webb has delivered a pension change that makes it worthwhile to save, and simple to prepare for retirement.’

It’s not often (ever?) you’ll find the Lib Dem leader and the Daily Mail’s Quentin Letts on the same page: their admiration for the pensions minister is the exception to the rule.

lib dems pensionsThe party has produced three infographics that are easy to share via Facebook. Nick’s letter doesn’t link to them, or thank the hundreds who’ve already shared the news of this Lib Dem success in government with their friends — so here are the links for those who want to tell their friends of Steve Webb’s success:

libdem letter from nick clegg

This week I want to tell you about my good friend and colleague, Professor Steve Webb.

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LibLink… Steve Webb: A straightforward pension scheme for all

Liberal Democrat Pensions Minister Steve Webb, the man who has already delivered the “triple lock” system for ensuring a decent annual rise in the State Pension, writes in today’s Telegraph about the Coalition’s plans to simplify pension provision and ensure that the basic state pension increases from £107 to £144 from as soon as 2017.

First, he outlined the problems with the complexities of the current system:

In Britain today, we have not one but two state pensions. The first is a basic state pension based on 30 years of National Insurance contributions, with complex rules for people who are divorced or

Posted in LibLink | Also tagged and | 4 Comments

Michael Moore MP’s Westminster Notes

Every week Liberal Democrat Secretary of State for Scotland writes a column for local newspapers in his Borders constituency. Here is this week’s edition.

Queen’s Speech

Last week, we saw the State Opening of Parliament by the Queen. Her Majesty set out the legislation planned for the second session of Parliament following the formation of the Coalition. The legislation outlined in the speech supports our efforts to reduce the deficit, rebalance the economy and put the country on the path to sustainable growth. It also sets out our commitment to provide families, businesses and communities across the country with the support they …

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My Bob and the Granny Tax

My dear husband is not a Granny. And he’d better not be a Grandad for a very long time to come, given that our daughter is not yet a teenager. He is of an age to be affected by the so called “Granny Tax” eventually.

Now, you might, if you wish, feel a bit of sympathy for poor Bob. It must feel sometimes like George Osborne has pulled his name out of a hat and decided just to chip away at his income.

First he decided that in the year Bob reaches 65, the State Pension age will go up to 66 …

Posted in News | Also tagged , and | 40 Comments
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