Government support for pensioners
A Westminster Hall debate on government support for pensioners is scheduled for Wednesday 12 February 2025 at 2:30pm. The debate will be led by Blake Stephenson MP.

Looks at the Lifetime ISA to be introduced from April 2017 and its role in encouraging people to save for retirement
Lifetime ISA and pensions (631 KB , PDF)
In July 2015, the Government launched a consultation on reforming pension tax relief with the aim of strengthening the incentive to save. In his Budget 2016 speech, the then Chancellor of the Exchequer, George Osborne, announced no compulsory changes to the pension tax system, saying it was “clear that there was no consensus.” However, the Government would introduce measures to encourage saving through:
HM Treasury provided further details in a Lifetime ISA factsheet and design note.
While there has been a general welcome for new measures to encourage and support saving, concerns have been raised about the potential for the LISA to undermine auto-enrolment. Questions include:
The Savings (Government Contributions) Bill was published on 6 September 2016 and had its Second Reading on 17 October 2016.The Library Briefing Paper for Second Reading debate is CBP-7697. Details of the progress of the Bill can be found on the Parliament website and in CBP-07748 Savings (Government Contributions) Bill – debates in Parliament (November 2016).
Lifetime ISA and pensions (631 KB , PDF)
A Westminster Hall debate on government support for pensioners is scheduled for Wednesday 12 February 2025 at 2:30pm. The debate will be led by Blake Stephenson MP.
Covers the arrangements made for mineworkers' pensions (MPS) and British Coal Staff Superannuation Scheme (BCSSS) following privatisation of British Coal in 1994.
Between 1978 and 1997, contracted-out defined benefit pension schemes were required to provide a Guaranteed Minimum Pension (GMP). This briefing looks at the arrangements for increasing GMPs.