UK Parliament / Open data

Commissioner for Older People (Wales) Bill [Lords]

Of course it is. If the hon. Gentleman had taken the trouble to inquire into the Bill, he would know that the age of 60 is the one that applies. Just like the Children’s Commissioner for Wales, many of the policies that I have been explaining have blazed a trail right across the United Kingdom. Policies such as free bus travel for older people that were pioneered in Wales are now being copied in England. The recent pensions White Paper, published last month, shows that only Labour is capable of helping older people to respond to the challenges of the future. We live in an ageing society. By 2050, the number of pensioners will have risen by 50 per cent. At the same time, as many as 12 million people are failing to save enough to guarantee a decent income in retirement. Unless we take action now and plan for the long term, millions of people face an uncertain future. That is why we are building a national consensus around pension reform, and the Bill is part of that. For example, our recent White Paper includes a number of important, far-sighted proposals to help us to meet the pensions challenge and provide for tomorrow’s pensioners, as well as today’s. A new national savings scheme with compulsory contributions from employers and auto-enrolment for employees will boost savings rates for the future. A higher, fairer state pension re-linked to earnings—the earnings link was broken by the Conservatives—will provide a foundation for further saving. A higher retirement age will help us to meet the challenge of an ageing society, and the least well-off will continue to be helped by a guarantee credit linked to earnings.
Type
Proceeding contribution
Reference
447 c924 
Session
2005-06
Chamber / Committee
House of Commons chamber
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