State Pension Age
Review
Wednesday 22 February at 9.15am, Committee Room 15
Watch live on
parliamentlive.tv
With the Government due to publish its review
of the State Pension age by May, MPs will examine issues
relating to the process and the principles behind how the pension
age is set.
This month the Committee wrote to the
Government asking it to follow the precedent set during the
last review in 2017 and publish the independent review from
Baroness Neville Rolfe and the Government Actuary’s report
ahead of the DWP’s decision. The 2017 review looked at the
timetable for the increase from 67 to 68 and recommended that
this should happen between 2037 and 2039. The Government accepted
this but said it would conduct a further review before
legislating to enable consideration of the latest life expectancy
projections and the effect of increases already underway.
The Committee will first hear from John Cridland, who carried out
the independent review in 2017, and Government Actuary Martin
Clarke. They are expected to be asked about the review process in
2017as well as more general questions about the principles that
should guide the timetable for raising the state pension age and
the implication of changes to life expectancy projections.
The second panel of representatives from the voluntary sector,
think tanks and trade unions is also likely to be asked about the
guiding principles for the reviews, along with the impact of
increases of the state pension age to date and the impact of any
change on expenditure.
Witnesses
At 9.15am
-
John Cridland, First Independent Reviewer of
the State Pension Age (2016-17); and
-
Martin Clarke, Government Actuary
At 10.15am
-
Sally West, Policy Manager for Income and
Poverty, Age UK;
-
Jack Jones, Pensions Policy Officer,
TUC;
-
Professor Hilary Land, Emeritus Professor
University of Bristol, member of Women’s Budget Group Policy
Advisory Group; and
-
Professor Les Mayhew, International Longevity
Centre and Bayes Business School.