UK Politics

Labour Party: Government needs to produce the full detail of their plans on pensions so that people can make an informed judgement - Alexander

News   •   Oct 26, 2010 12:17 BST

Douglas Alexander MP, Labour’s Shadow Work and Pensions Minister, commenting on the Government’s proposed changes to the state pension, said:

“Of course we are prepared to work with the Government to try and build a stronger state pension with better entitlements for women but the Government needs to produce the full detail of their plans so that people can make an informed judgement. 

“Already, thanks to Labour, people are guaranteed a minimum income of £132 a week and by the time the measure floated today would be implemented, uprating will have raised that minimum income to around the same level.” 

“What I would be worried about is the Government using headlines like these to try and hide the fact that pensioners will be hit hard, without any compensation, by January’s VAT rise and last week’s changes that hit pensioners who have saved for their retirement.”