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1662616

registered interest
date	02/10/2023
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	National Insurance Contributions
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what estimates they have made, if any, of the cost savings that would result from increasing the minimum years of National Insurance contributions required for a full State Pension from 35 to 45.
tabling member printed	Baroness Altmann
uin	HL10441
answer	answer is ministerial correction date of answer 16/10/2023 answer text <p>No such assessment has been made. The number of Qualifying Years required for a full State Pension strikes a balance between achieving wide coverage, maintaining the contributory principle and ensuring the overall affordability of the State Pension.</p><p> </p> answering member printed Viscount Younger of Leckie question first answered 16/10/2023 16:45:14 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	4533 label Biography information for Baroness Altmann

1662617

registered interest
date	02/10/2023
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	State Retirement Pensions: Uprating
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what assessment they have made, if any, of the change in value of the full basic state pension weekly payment in 2023–24 if it had been linked only to consumer price index inflation since 2010.
tabling member printed	Baroness Altmann
uin	HL10442
answer	answer is ministerial correction date of answer 16/10/2023 answer text <p>The full weekly amount of basic State Pension would have been worth £139.10 in 2023-24 if it had been uprated by inflation (CPI) since 2010.</p> answering member printed Viscount Younger of Leckie question first answered 16/10/2023 15:47:32 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	4533 label Biography information for Baroness Altmann

1659884

registered interest
date	11/09/2023
answering body	Department for Work and Pensions
answering dept id	29
answering dept short name	Work and Pensions
answering dept sort name	Work and Pensions
hansard heading	State Retirement Pensions: National Insurance
house id	2
legislature	25277 pref label House of Lords
question text	To ask His Majesty's Government what estimate they have made of the savings to the Exchequer in total cost of paying UK State Pensions in 2023–24 if full state pensions for all newly retired individuals required a National Insurance record of 45 years instead of 35 years, assuming no purchase of additional voluntary years.
tabling member printed	Baroness Altmann
uin	HL10018
answer	answer is ministerial correction date of answer 20/09/2023 answer text <p>We have not made any estimate of the savings to the Exchequer of paying UK State Pensions in 2023–24 if a full state pension for all newly retired individuals required a National Insurance record of 45 years instead of 35 years. There are currently no plans to review the qualifying criteria for the new State Pension.</p> answering member printed Viscount Younger of Leckie question first answered 20/09/2023 13:44:07 answering member 4169 label Biography information for Viscount Younger of Leckie
tabling member	4533 label Biography information for Baroness Altmann