This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/uk_politics/7050602.stm
The article has changed 2 times. There is an RSS feed of changes available.
Previous version
1
Next version
Version 0 | Version 1 |
---|---|
Pensions to rise with inflation | Pensions to rise with inflation |
(about 9 hours later) | |
The basic state pension is to increase in line with inflation next year, Chancellor Alistair Darling has said. | |
Payments for single people will increase by £3.40 to £90.70 a week, while payments to couples go up by the same rate, by £5.45 to £145.05 a week. | |
But the Conservatives said many pensioners would continue to feel they were receiving "a raw deal". | |
And the rise "would do nothing to help the millions of pensioners struggling to survive", the Lib Dems claimed. | |
Mr Darling made the announcement in the Commons. | |
'Harsh reality' | |
Mike O'Brien, the pensions reform minister, said later that the government had increased spending on the elderly by £11 billion since it came to power in 1997. | |
More than two million pensioners had been lifted from "absolute" poverty while another million were no longer enduring "relative" poverty, he added. | |
Some 2.2 million - or 21% - of pensioners were ranked as living in "relative" poverty in government figures covering 2005-6. This was counted as being at least 60% below the national median income. | |
Many pensioners face cost of living increases way above the cost of inflation Chris Grayling, Shadow work and pensions secretary | |
Of these, 1.3 million pensioners earned so little that they were considered to be in "absolute" poverty. | |
"For the first time, a pensioner is no more likely to be poor than any other person in society," Mr O'Brien said. | |
But shadow work and pensions secretary Chris Grayling disagreed, arguing: "The harsh reality is that many pensioners face cost of living increases way above the cost of inflation." | |
He said the government's "latest round of stealth tax rises" added to "the burden" they faced. | |
"They haven't even been given a definite date for the restoration of the earnings link. It's no wonder pensioners feel they are dealt such a raw deal." | |
For the Lib Dems, work and pensions spokesman Danny Alexander branded the state pension "derisory" and said it was still £30 a week below the poverty line. | |
"Rather than relying on the incredibly complicated Pension Credit, which over 1.5 million eligible pensioners do not claim, the government should immediately restore the link with earnings as a first step towards a decent state pension," he said. |
Previous version
1
Next version