Webb confirms 2016 flat-rate state pension start date

In a written ministerial statement, he said following the positive response to January's White Paper, The single-tier pension: a simple foundation for saving, ministers have decided the reforms can be delivered before the 2017 target. The new flat-rate pension means retirees will get £144 per week in today's money. Webb said about 400,000 more people will reach state pension age under single tier, including every woman affected by the acceleration of the equalisation of the state pension age. Webb said: "Our reforms will create a simple, decent state pension, which is set above th...