Hundreds of women in Warrington North stand to gain from fairer pensions says MP

Warrington North MP HELEN JONES welcomed the Labour government’s pensions proposals which that could see around 750 more women between 46 and 56 in her constituency get a full basic state pension in the years ahead.

Around 500,000 more women between 46 and 56 across the UK will get a full pension as a result of the fairer deal in the Pensions Bill.  The Bill will introduce new weekly credits that count towards your pension if you are caring for children or the seriously disabled,  and cut the number of years people need to build up entitlement to a full  basic state pension.

Currently,  only around 30% of women retire with a full basic state pension compared to around 85% of men.  The government has pledged to end this historic injustice with a new pensions settlement,  which will also include restoring the basic state pension’s link to earnings in the next parliament.

HELEN JONES said:

“  Under Labour’s plans around 750 extra women currently aged between 46 and 56 in Warrington North,  and around 60,000 across the North West,  will retire with a full basic state pension.  This is good news which will make a big difference to people in Warrington coming up to retirement. “