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747350
registered interest false more like this
date remove filter
answering body
Department for Work and Pensions remove filter
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what estimate they have made of the cost saving, in long-term expenditure on State Pensions, from changing the current triple lock into a double lock using the best of earnings or CPI inflation, from 2020 onwards. more like this
tabling member printed
Baroness Altmann more like this
uin HL324 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-11more like thismore than 2017-07-11
answer text <p><br>The Government is committed to ensuring economic security for people at every stage of their life, including when they reach retirement. The Government is also clear that fairness between the generations must be maintained. We are committed to the Triple Lock for the remainder of this Parliament. Economic forecasts suggest that State Pensions will go up by at least 2.5% each year for the length of this Parliament and so maintaining the Triple Lock for this Parliament will cost no extra money.</p><p> </p><p>It is estimated that uprating the State Pension by a double lock (highest of earnings or inflation) from April 2020 would reduce State Pension expenditure by the following compared to the Triple Lock:</p><p>(1) 0.03% of GDP in 2029/30;</p><p>(2) 0.08% of GDP in 2039/40;</p><p>(3) 0.13% of GDP in 2049/50;</p><p> </p><p>It is estimated that in 2066/67, uprating by a double lock would reduce State Pension expenditure by around 0.2% of GDP compared to uprating by the Triple Lock.</p>
answering member printed Baroness Buscombe more like this
grouped question UIN HL325 more like this
question first answered
less than 2017-07-11T15:41:13.39Zmore like thismore than 2017-07-11T15:41:13.39Z
answering member
3349
label Biography information for Baroness Buscombe more like this
tabling member
4533
label Biography information for Baroness Altmann more like this
747449
registered interest false more like this
date remove filter
answering body
Department for Work and Pensions remove filter
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
house id 2 more like this
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government, further to the answer by Lord Henley on 1 March concerning the Pensioners' Christmas Bonus (HL5502) what would the value of the £10 bonus be in real terms had the bonus been increased in line with the cost of living and increases in incomes. more like this
tabling member printed
Lord Stoddart of Swindon more like this
uin HL413 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-11more like thismore than 2017-07-11
answer text <p>The Christmas Bonus was introduced in 1972 and was £10. If it had been increased in line with the cost of living, in 2016 its current value would be approximately £133. If it had been increased in line with average earnings, in 2016 it would be approximately £202.</p> more like this
answering member printed Baroness Buscombe more like this
question first answered
less than 2017-07-11T15:24:33.74Zmore like thismore than 2017-07-11T15:24:33.74Z
answering member
3349
label Biography information for Baroness Buscombe more like this
tabling member
950
label Biography information for Lord Stoddart of Swindon more like this
747479
registered interest false more like this
date remove filter
answering body
Department for Work and Pensions remove filter
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Social Security Benefits: Appeals more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, whether his Department took legal advice on the target of upholding original decisions in 80 per cent of mandatory benefit reconsideration requests. more like this
tabling member constituency Birmingham, Hall Green more like this
tabling member printed
Mr Roger Godsiff more like this
uin 2401 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2017-07-06more like thismore than 2017-07-06
answer text <p>Further to my reply to PQs 1469 &amp; 1470, the department does not have a Mandatory Reconsideration target for upholding original decisions. The 80 per cent figure is used to track and monitor Mandatory Reconsiderations to assess the quality of our initial decision making and to help understand and improve our processes. Therefore there was not a requirement to obtain legal advice.</p> more like this
answering member constituency Portsmouth North more like this
answering member printed Penny Mordaunt more like this
question first answered
less than 2017-07-06T09:53:52.687Zmore like thismore than 2017-07-06T09:53:52.687Z
answering member
4017
label Biography information for Penny Mordaunt more like this
tabling member
304
label Biography information for Mr Roger Godsiff more like this