Benefits and Jobs
Pensions Update 29 January 2026 on the PHSO Report Response
“Our social security system acts as the bedrock of our welfare state, but for years, the safety net it was meant to provide has developed more and more holes through which some of our most vulnerable citizens have fallen. For our older generation, the state pension is absolutely the foundation on which a decent retirement can be built. The interim report of the new Pensions Commission explains that 50% of working age adults are under-saving, that pensioner poverty is persistent and that the state pension represents three quarters of income in retirement for the lowest income groups, and that is set to grow. The fact is that if someone is low paid when they are at work, they will have an inadequate pension in retirement. That is why we need to acknowledge the importance of the triple lock, which has been key to raising the incomes of some of our poorest pensioners, and why we need to see it continue. I cannot talk about pensions without calling again for those women born in the 1950s who were unaware of the changes to their state pension age to receive some form of compensation. Much has been said about the need to get young people into work, but the “Pathways to Work” Green Paper proposed removing eligibility for work-related disability benefits, known as the universal credit health element, from disabled people who are under 22. We know that 94% of households with a young person claiming UC health would be in poverty if that support were cut. Abandoning the cut would make it clear that this Government are here to help people get on, not punish them for the barriers they may face. The protection offered by our social security system should be there to ensure that no one in need falls through the gaps. That is the mark of a compassionate society and something we should be proud to advance.”
