Proceeding contribution from Nigel Waterson (Conservative) in the House of Commons on Wednesday, 4 June 2008. It occurred during Opposition day on Pensioner Poverty.
Pensioner Poverty
My right hon. Friend is absolutely right. There is growing evidence of a huge transfer of resources from Conservative areas, and rural areas in particular, to Labour-controlled areas. That situation needs to be addressed rapidly by the next Conservative Government. It is no wonder that there has been a dramatic rise in the number of pensioners going bankrupt—from only 900 in 2002 to nearly 8,000 in 2007. That shows how, at a time of their lives when they are entitled to some peace of mind, money worries are preying on our elderly citizens. Even the new figures—when they emerge—will not take any account of the surge in energy and fuel prices that has occurred since the Prime Minister took over. What of the longer term? A recent report by the Institute for Fiscal Studies does not make comfortable reading. It concludes that the proportion of pensioners below the poverty threshold will remain at its current level, despite the Government's reforms, for at least the next decade. Are Ministers embarrassed or ashamed? Not a bit of it. They persist in making extravagant claims about their alleged successes while many pensioners sink deeper into poverty, debt and despair. The Government's main response to pensioner poverty has been to increase means-testing massively. Nearly half of all pensioners now retire subject to means-tested benefits. Surely even Ministers realise by now that they have tested to destruction the ability of means-testing to deliver help reliably to those who need it most.
Secondary information
- Type
- Proceeding contribution
- Reference
- 476 c835-6
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Council tax benefits Council tax Housing benefit Employment Fuel poverty Hospital beds Inflation Pension credit Pensioners Workplace pensions Poverty Pensions Personal pensions Means-tested benefits Prices State retirement pensions Rural areas Take-up Winter fuel payment Cost of living
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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