State Pension Age: Women — House of Commons, 2016-11-30
Topic: Labor
Ian Blackford (Scottish National Party, Centre-left): With your forbearance, Mr Speaker, I am aware that I have been on my feet for quite some time and I want to move on to my concluding remarks. I have been generous in allowing others to come in, but I will not be taking any further interventions so that I can finish and allow others to speak Our report is a stepping stone. It should be adopted to help to end this injustice. We hope the UK Government welcome the report and act now to end this inequality. The SNP Westminster parliamentary group’s report detailed modelling by Landman Economics of the impact of different options for compensating women affected by the 2011 Act. One option was a return to the timetable in the 1995 Act, whereby women’s state pension age would rise from 63 in March 2016, to 65 in April 2020. The report estimates that reverting back to the 1995 Act for women would cost £7.9 billion between 2016-17 and 2020-21 The Government estimate that the accelerated state pension age in the Pensions Act 2011 saved about £30 billion from both women and men from 2016-17 to 2025-26. However, that is simply not the case. The £8 billion cost is affordable given the surplus in the national insurance fund, which rightly should be used to end this injustice. The fund is in surplus and, according to the Government’s own Actuary’s Dept, is projected to be at a £30 billion surplus at the end of 2017-18. It is time the Government paid out. After all, the WASPI women paid in and helped to create this surplus. They now need to be given their due The Minister said that it is simply too expensive and that public spending is complicated. We will not be fobbed off. The report was carried out by a credible and sound model that has been used previously by independent economists. Again, the matter returns to priorities—too expensive by comparison with what other expenses? The Tories have a choice here: this is not a necessity While we are trying to get the Government to act, others elsewhere are doing just that. Measures were brought forward by the Polish Government on 16 November to reverse the increase in pensionable age from the previous planned state pensionable age of 67 to 60 for women and 65 for men as of October 2017. The Polish Prime Minister claimed that there were enough state funds from more efficient tax collection for earlier pensions. Well, well! Of course, the parallel here is that we know the national insurance fund is in surplus. We can afford to put in place mitigation. If Poland can do it, what about a rich country like the UK? It is all about choices We published in our report the scale of increase in pensionable age in each European country. Only two countries are seeing a rapid acceleration of pensionable age for women in line with the UK: Italy and Greece. Is anyone on the Government Benches prepared to defend the increase in women’s pensionable age of three months per month? We have given the Government an option and, unlike their Trident nuclear weapons commitment, it is costed. I say to the Government that we are not going away. More importantly, the WASPI women are not going away In conclusion, today is Scotland’s national day. With deference to Rabbie Burns, if he will forgive me, I would like to adapt one of his better known pieces of work: "Women, wha hae wi’ WASPI bled, Women, wham WASPI has af times led; Welcome to your gory bed, Or to victory Now’s the day, and now’s the hour; See the front o’ battle lour; See approach proud Theresa’s power— Chains and slavery Wha will be a traitor knave Wha can fill a coward’s grave Wha sae base as be a slave Let her turn and flee Wha for Pensions rightly earned Freedom’s sword will strongly draw, WASPIs stand, or WASPIs fa’, Let them follow me By oppression’s woes and pains By your daughters in servile chains We will drain our dearest veins, But they shall be free Lay the proud usurpers low Tyrants fall in every foe Liberty’s in every blow!— Let us do or die!" Justice for the WASPI women The Tory Government have ducked their responsibility for the WASPI women for too long. It is time to face up to the reality. Pensions are not a privilege; they are a contract and the UK Government have broken it.