The Labour opposition should have come up with a solution to help women disproportionately hit by the rise in the state pension age (SPA) to 66 by 2020, pensions minister Steve Webb said.
The Pensions Bill, as it stands, will mean around 500,000 women in their fifties must wait up to an extra two years for their state pensions. In the second reading of the Bill last month, work and pensions secretary Iain Duncan Smith and pensions minister Steve Webb said they were willing to consider "transitional arrangements" to help women worst affected by the change. But, yesterday, Webb faced criticism from the opposition for having tabled no amendments to the Bill to put in place a transitional solution. Shadow pensions minister Rachel Reeves said Parliament had expected coal...
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