Documents to download

The Pensions Bill makes provision for reform of the state pension system, including the introduction of a single-tier state pension. It also contains reforms of bereavement benefits, provision for amending the timetable for increasing pensionable age and a number of measures relating to private pensions, including the provision of an automatic transfer scheme for accrued rights to pension benefits.

This Library Note provides an overview of the six parts of the Bill, and a short summary of proceedings at second reading in the House of Commons. It then examines the debates at committee and report stages in further detail, with reference to key elements within the Bill. Finally, the Note provides a brief summary of the debate at third reading.


Documents to download

Related posts

  • Child poverty: Statistics, causes and the UK’s policy response

    The government has estimated that 4.3 million children, or 30% of all children in the UK, were living in relative low-income households after housing costs in 2022/23. This represents an increase on the previous year. The government has said unexpectedly high inflation, driven by the war in Ukraine and supply chain challenges, contributed to the rise. It argues that falling inflation, rising real wages and uprated benefits will help low-income households in the year ahead.

    Child poverty: Statistics, causes and the UK’s policy response
  • Importance of skills: Economic and social benefits

    The importance of skills is recognised across the main political parties in the UK. Evidence suggests that greater skill levels benefit the economy as a whole but also provide significant economic and social benefits for the individuals who possess them. The House of Lords is due to debate these issues on 9 May 2024.

    Importance of skills: Economic and social benefits
  • The UK economy in the 1970s

    This briefing is the third of a series on the post-war history of the UK economy, focusing on the 1970s. Following a brief economic boom, inflation and unemployment reached post-war highs and the economy entered a prolonged recession, before slowly recovering towards the end of the decade. Despite this volatility, real household incomes grew significantly over the course of the decade.

    The UK economy in the 1970s