UK Parliament / Open data

State Pension (Amendment) Regulations 2016

My Lords, I thank the noble Lord, Lord McKenzie, for his observations, and I would like to help set some of the record straight or clear up any confusion. He asked about what he called a “freeze”. The fact that some of the benefits are not changing is purely a reflection of the fact that they are linked to prices and prices fell. I assure him that uprating will continue as inflation picks up, so that these benefits will continue to increase in line with any rise in prices in the coming years. This is not a freeze on these particular benefits.

Type
Proceeding contribution
Reference
769 c22GC 
Session
2015-16
Chamber / Committee
House of Lords Grand Committee
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