Pensions Bill passes third reading

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The Pensions Bill which raises the state pension age (SPA) to 66 by 2020 has passed its third reading in the House of Commons with 287 votes to 242.

The bill includes plans to introduce auto-enrolment from 2012 and cut pensions for judges. This reading of the bill included the government's compromise amendment which delayed the raising of the SPA by six months compared to its original plan. Women in their fifties will now wait up to a further 18 months for their state pensions, instead of two years under the original proposals. Labour work and pensions secretary Stephen Timms said the reform is still unfair to women. Iain Duncan Smith, work and pensions secretary, defended auto-enrolment against MPs afraid it will harm economic...

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