This Government recognises and appreciates the valuable support that carers provide to those with care needs.<\/p>
<\/p>
Since 2010 the rate of Carer\u2019s Allowance has increased from £53.90 to £62.70 a week, meaning an additional £450 a year for carers. Carer\u2019s Allowance is excluded from the benefit freeze and is uprated annually in line with the Consumer Prices Index.<\/p>
<\/p>
Carers on low incomes can access other financial support through income-related benefits. Income Support, Housing Benefit and Pension Credit include an additional carer\u2019s premium of £34.95 a week. Universal Credit includes a carer\u2019s element of £151.89 per monthly assessment period. People entitled to Carer\u2019s Allowance or the carer\u2019s element in Universal Credit are not subject to the benefit cap.<\/p>
<\/p>
As society ages and care needs increase, it is important that carers are able to combine caring with paid employment, or return to paid work when their caring duties allow. The Government\u2019s Fuller Working Lives Strategy, published in February 2017, sets out proposals to help carers combine work and care or prepare for returning to the labour market. In addition, earned income up to £116 net a week is ignored for the purposes of Carer\u2019s Allowance. Means-tested benefits and Universal Credit also provide for care to be combined with earnings.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-19", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-19T10:59:53.713Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-05", "_datatype" : "dateTime"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government whether they are considering a review of Carers Allowance to ensure that it is sufficient to meet the financial support needs of carers.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/457", "label" : {"_value" : "Biography information for Lord Pendry"} } , "tablingMemberPrinted" : [{"_value" : "Lord Pendry"} ], "uin" : "HL524"} , {"_about" : "http://data.parliament.uk/resources/748862", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/748862/answer", "answerText" : {"_value" : "
The Industrial Injuries Advisory Council\u2019s (IIAC) 2005 review of Dementia in boxers and footballers concluded that there was insufficient evidence to recommend an addition to the list of Industrial Injuries Disablement Benefit (available to employed earners) prescribed diseases. In 2014 IIAC sought high quality research evidence about the risks of neurodegenerative diseases in professional sportspersons. The IIAC response in May 2016 concluded that despite the passage of time, epidemiological evidence on risk of dementia pugilistica in boxers relative to other workers remains elusive, and that there was no new important evidence to change the previous appraisal of prescription in respect of soccer players. As in 2005, there remains insufficient evidence to indicate a more than doubled risk of a dementia in boxers.<\/p>
<\/p>
IIAC has no plans at present to revisit this, but would likely reconsider should new evidence emerge. However the department provides a range of benefits to support with extra costs of disability, which individuals may be entitled to depending on their circumstances.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-18T11:13:51.18Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-05", "_datatype" : "dateTime"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what action they are taking to support boxers and footballers with dementia pugilistica who currently rely on financial assistance from various charities.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/457", "label" : {"_value" : "Biography information for Lord Pendry"} } , "tablingMemberPrinted" : [{"_value" : "Lord Pendry"} ], "uin" : "HL525"} , {"_about" : "http://data.parliament.uk/resources/747963", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/747963/answer", "answerText" : {"_value" : "
No estimate of the cost of introducing a double lock on Pension Credit uprating has been made. The legislative requirement is that the standard minimum guarantee in Pension Credit should increase at least in line with earnings.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-18T16:24:54.83Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-04", "_datatype" : "dateTime"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what estimate they have made of the cost of introducing a double lock on Pension Credit uprating from 2018\u201319 onwards, uprating pensions by the highest of the consumer price index or earnings inflation, (1) over the course of this Parliament, (2) over the next 10 years, and (3) up to 2050.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4533", "label" : {"_value" : "Biography information for Baroness Altmann"} } , "tablingMemberPrinted" : [{"_value" : "Baroness Altmann"} ], "uin" : "HL417"} , {"_about" : "http://data.parliament.uk/resources/747992", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/747992/answer", "answerText" : {"_value" : "
The Agency collects and shares good practice information on national and European Union priorities for safety and health at work, working with national contact points in all Member States. Its activities are particularly valuable to recent and proposed EU entrants and those with less well developed health and safety systems.<\/p>
<\/p>
The European Court of Auditors publishes annual reports on the accounts of the Agency that are automatically deposited with Parliament for scrutiny purposes. For the latest report (financial position as of 31 December 2015), the budget was \u20ac16.9 million and the auditors stated that the Agency\u2019s accounts were reliable and transactions were legal and regular.<\/p>
<\/p>
Our relationship with the European Union's decentralised bodies upon exit, including the European Agency for Safety and Health at Work, will be evaluated in light of delivering the twelve objectives outlined by the Prime Minister to achieve a deep and special positive and constructive partnership between the UK and the European Union.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-18T14:24:18.99Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-04", "_datatype" : "dateTime"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what is their assessment of the benefits and costs to the UK of membership of the European Agency for Safety and Health at Work.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/2037", "label" : {"_value" : "Biography information for Lord Lester of Herne Hill"} } , "tablingMemberPrinted" : [{"_value" : "Lord Lester of Herne Hill"} ], "uin" : "HL446"} , {"_about" : "http://data.parliament.uk/resources/747343", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/747343/answer", "answerText" : {"_value" : "
The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not, therefore, hold information on the value of tax reliefs paid out to employees in net pay schemes.<\/p>
<\/p>
The latest official analysis of the eligibility of workers for automatic enrolment was published on 13 October 2016 in \u2018Workplace Pensions: Update of analysis on Automatic Enrolment\u2019. Information on age and earnings breakdowns for all workers can be found in table 3a on page 6.<\/p>
<\/p>
The Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. Provided an employer has selected a qualifying pension scheme for automatic enrolment, they have complied with their automatic enrolment duties with respect to scheme choice.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-11", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "HL321"} , {"_value" : "HL322"} , {"_value" : "HL323"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-11T15:55:57.683Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Workplace Pensions: Tax Allowances"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government whether they have estimated the number of workers earning below the personal tax threshold who have been automatically enrolled into a workplace pension scheme that operates on a Net Pay basis; and if not, why not.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4533", "label" : {"_value" : "Biography information for Baroness Altmann"} } , "tablingMemberPrinted" : [{"_value" : "Baroness Altmann"} ], "uin" : "HL320"} , {"_about" : "http://data.parliament.uk/resources/747344", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/747344/answer", "answerText" : {"_value" : "
The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not, therefore, hold information on the value of tax reliefs paid out to employees in net pay schemes.<\/p>
<\/p>
The latest official analysis of the eligibility of workers for automatic enrolment was published on 13 October 2016 in \u2018Workplace Pensions: Update of analysis on Automatic Enrolment\u2019. Information on age and earnings breakdowns for all workers can be found in table 3a on page 6.<\/p>
<\/p>
The Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. Provided an employer has selected a qualifying pension scheme for automatic enrolment, they have complied with their automatic enrolment duties with respect to scheme choice.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-11", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "HL320"} , {"_value" : "HL322"} , {"_value" : "HL323"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-11T15:55:57.76Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Workplace Pensions: Tax Allowances"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government against whom a worker earning £11,500 can claim if they discover that their employer has used a workplace pension scheme operating on a Net Pay basis for auto-enrolment, in order to recover the 25% taxpayer bonus they could have received in a Relief at Source scheme.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4533", "label" : {"_value" : "Biography information for Baroness Altmann"} } , "tablingMemberPrinted" : [{"_value" : "Baroness Altmann"} ], "uin" : "HL321"} , {"_about" : "http://data.parliament.uk/resources/747346", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/747346/answer", "answerText" : {"_value" : "
The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not, therefore, hold information on the value of tax reliefs paid out to employees in net pay schemes.<\/p>
<\/p>
The latest official analysis of the eligibility of workers for automatic enrolment was published on 13 October 2016 in \u2018Workplace Pensions: Update of analysis on Automatic Enrolment\u2019. Information on age and earnings breakdowns for all workers can be found in table 3a on page 6.<\/p>
<\/p>
The Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. Provided an employer has selected a qualifying pension scheme for automatic enrolment, they have complied with their automatic enrolment duties with respect to scheme choice.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-11", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "HL320"} , {"_value" : "HL321"} , {"_value" : "HL323"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-11T15:55:57.823Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Workplace Pensions: Tax Allowances"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what assessment they have made of the impact of low paid workers' claims against their employers for the money they are due in tax relief if it is denied to them by their employer's choice of pension scheme.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4533", "label" : {"_value" : "Biography information for Baroness Altmann"} } , "tablingMemberPrinted" : [{"_value" : "Baroness Altmann"} ], "uin" : "HL322"} , {"_about" : "http://data.parliament.uk/resources/747348", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/747348/answer", "answerText" : {"_value" : "
The Government does not collect data on the number of workers earning less than the personal allowance who are also members of pension schemes that operate a net pay system. The Government does not hold employee level data on employees enrolled in net pay pension schemes, as such schemes are not obliged to report pension contributions to HM Revenue and Customs. The Government does not, therefore, hold information on the value of tax reliefs paid out to employees in net pay schemes.<\/p>
<\/p>
The latest official analysis of the eligibility of workers for automatic enrolment was published on 13 October 2016 in \u2018Workplace Pensions: Update of analysis on Automatic Enrolment\u2019. Information on age and earnings breakdowns for all workers can be found in table 3a on page 6.<\/p>
<\/p>
The Pensions Regulator provides guidance to employers on choosing a pension scheme for their staff in order to discharge their statutory obligations under automatic enrolment. This guidance covers the choice between net pay and relief at source schemes, and the implications of net pay schemes for employees who do not pay tax. Provided an employer has selected a qualifying pension scheme for automatic enrolment, they have complied with their automatic enrolment duties with respect to scheme choice.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-11", "_datatype" : "dateTime"} , "groupedQuestionUIN" : [{"_value" : "HL320"} , {"_value" : "HL321"} , {"_value" : "HL322"} ], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-11T15:55:57.893Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Workplace Pensions: Tax Allowances"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government whether low paid workers who earn less than the personal tax threshold may claim against the Pensions Regulator for failing to ensure that employers use a suitable auto-enrolment scheme that does not force them to pay more than they should for their pensions.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4533", "label" : {"_value" : "Biography information for Baroness Altmann"} } , "tablingMemberPrinted" : [{"_value" : "Baroness Altmann"} ], "uin" : "HL323"} , {"_about" : "http://data.parliament.uk/resources/747350", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/747350/answer", "answerText" : {"_value" : "
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>
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>
(1) 0.03% of GDP in 2029/30;<\/p>
(2) 0.08% of GDP in 2039/40;<\/p>
(3) 0.13% of GDP in 2049/50;<\/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>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-11", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "HL325"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-11T15:41:13.39Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-03", "_datatype" : "dateTime"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "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.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4533", "label" : {"_value" : "Biography information for Baroness Altmann"} } , "tablingMemberPrinted" : [{"_value" : "Baroness Altmann"} ], "uin" : "HL324"} , {"_about" : "http://data.parliament.uk/resources/747351", "AnsweringBody" : [{"_value" : "Department for Work and Pensions"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/747351/answer", "answerText" : {"_value" : "
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>
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>
(1) 0.03% of GDP in 2029/30;<\/p>
(2) 0.08% of GDP in 2039/40;<\/p>
(3) 0.13% of GDP in 2049/50;<\/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>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/3349", "label" : {"_value" : "Biography information for Baroness Buscombe"} } , "answeringMemberPrinted" : {"_value" : "Baroness Buscombe"} , "dateOfAnswer" : {"_value" : "2017-07-11", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "HL324"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2017-07-11T15:41:13.467Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2017-07-03", "_datatype" : "dateTime"} , "houseId" : {"_value" : "2"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25277", "prefLabel" : {"_value" : "House of Lords"} } ], "questionText" : "Her Majesty's Government what is their estimate of the cost saving over (1) 10 years, (2) 20 years, and (3) 30 years, of changing the current triple lock on State Pensions into a double lock consisting of the best of earnings or CPI inflation, from 2020 onwards.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4533", "label" : {"_value" : "Biography information for Baroness Altmann"} } , "tablingMemberPrinted" : [{"_value" : "Baroness Altmann"} ], "uin" : "HL325"} ], "itemsPerPage" : 10, "next" : "http://eldaddp.azurewebsites.net/answeredquestions.text?answeringDeptShortName=Work+and+Pensions&_page=1&max-AnswerDate=2017-07-19&houseId=2&min-questionFirstAnswered.=2014-10-23T15%3A06%3A09.3638452Z&min-ddpCreated=2014-10-21T21%3A00%3A49.617Z", "page" : 0, "startIndex" : 1, "totalResults" : 548, "type" : ["http://purl.org/linked-data/api/vocab#ListEndpoint", "http://purl.org/linked-data/api/vocab#Page"]} }