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back to press release page£11 PER WEEK MORE ON BASIC STATE PENSION

Peter Viggers, MP for the Gosport constituency, this week endorsed new Conservative plans to increase the basic state pension in line with earnings and reverse the trend for more and more pensioners to have to subject themselves to intrusive means tests. Over a 4-year period, the basic state pension would rise by £7 per week for a single person and £11 per week for couples – in addition to increases to match inflation.

Peter explained, “The Government’s means tested benefits are so complex that even they admit that 1.4 million of the poorest pensioners won’t claim them. They are humiliating for many pensioners to fill out and undermine the incentive to save.

“Labour has caused a crisis in our pensions. Final salary schemes are in crisis, personal pensions have halved, means testing has risen dramatically, and thousands of people across Gosport and the surrounding area will retire without enough money to live comfortably.

“Conservatives will again give pensioners the dignity that they deserve in retirement. In order to reverse the spread of means testing, we will restore the earnings link for the state pension. Over a four-year period we expect this will release over a million pensioners from means testing. No pensioner will lose, and most will gain.

“We will offer a fair deal for everyone on pensions”.


 
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