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VIDEO: We’re starting to reverse 30 year decline, says minister on visit to Lewes

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Minister of State for Pensions Steve Webb visited Lewes on Tuesday to discuss pensions changes at a public meeting and with Waitrose supermarket staff.

“The first law I signed as a Liberal Democrat Minister in government restored the pensions-earnings link - something for which I had campaigned for 30 years,” the MP told an audience at The White Hart Hotel.

“Pensions are now going up by the highest of three numbers: wages, prices or 2.5 per cent. This ‘triple-lock’ is already reversing the decline of 30 years.”

Invited to the area by Lewes MP Norman Baker, Mr Webb also met staff at Waitrose to discuss what pension changes would mean for them.

“The future is also looking bright for the next generation,” he said. “For too long, two thirds of private sector employees have gone without any pension provision at all.

“But, Liberal Democrats in government have introduced automatic enrolment unless you opt-out. This has already been taken up by nine out of 10 employees.

“The flat-rate pension, to be introduced in April 2016, is especially good news for women who have often taken on caring responsibilities.”

 

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