Basic State Pension For Women

Basic State Pension For Women

Basic State Pension benefits for Women should be paid in full to all women according to Head of Pensions Strategy at Scottish Life, Steve Bee.

Steve has called on the Government to take steps to allow all women to make adequate pensions provision ahead of the 2010 deadline for pensions reform.  Seventy per cent of women currently end up with no state pension entitlement, or have a reduced one due to incomplete contributions.

Our view

The Government has recognised the problem and to its credit, has decided to fix it so that from 2010, seventy per cent of women will get the full Basic State Pension.  This is because there will then only be a 30 year qualification for full rights.  Even when you stay at home to look after children, each year will qualify for full state pension rights whilst bringing up children.

As to a full basic state pension, we suggest that this is unfair on people that work.  Assuming your children have grown up, why should women then be allowed not to work but still receive a full basic state pension?

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