PensionsSpeeches

Ruth Jones – 2022 Speech on the State Pension Triple Lock

The speech made by Ruth Jones, the Labour MP for Newport West, in the House of Commons on 8 November 2022.

I am grateful for the opportunity to speak in this important debate. I commend my colleagues on the shadow Front Bench for bringing this debate to the House. It is a pleasure to follow the hon. Member for Gloucester (Richard Graham), though I fundamentally disagree with most of what he said, but there we are; that is what Opposition day debates are all about.

Like many people in Newport West, including those who have written to me about this issue in recent months, I believe that everyone deserves financial security in their retirement. It is a long-standing feature of our contract with the people that the cornerstone of that security is a decent state pension, and it must be a properly indexed pension, because that is how we ensure it keeps its value for future generations of pensioners in Newport West and across the United Kingdom.

I note that Government Members were elected on a manifesto commitment in 2019 to keep the triple lock, so today should be easy for them and for all of us. The Opposition support a triple lock on pensions, and the Conservative party suggested that it did in 2019, so today should see a unanimous vote in support of the motion. Ministers and Conservative MPs need to be held to account on their promise, and today provides an opportunity to do just that.

I was elected in April 2019, and in my first few months in this place, it was clear that Conservative Members supported Labour’s intention to continue the triple lock across future years of this Parliament. I am determined to keep making the case to Ministers on behalf of those Newport West residents who have been in touch in recent weeks and months. One such constituent, Christine Kemp-Philp, wrote to me and told me this:

“As a full time family carer since 1991, having given up a good career to care, and with my caring responsibilities becoming more and more difficult, I am myself disabled and a pensioner, and am finding less and less help available. With the cost of living going up and the threat of our pensions going down in real terms, I am worried for our future.”

It is important to acknowledge that the UK state pension is relatively low by international standards, and there are important differences between those who qualify for it. For example, I went back and read some excellent research from Age UK in 2020, which highlighted that 34% of private tenants and 29% of social rented sector tenants lived in poverty compared with 12% of older people who own their home outright. In addition, 33% of Asian or Asian British and 30% of black or black British pensioners were living in poverty compared with 15% of white pensioners. This is a problem for real people, who are losing real money and having to pick up the consequences.

I am also grateful to my constituent Dennis Bellew, who shared his story with me. He wrote:

“I am 77 years old…It is important to me that the government keep their promise of protecting the pension triple lock. Times are difficult for me at present and I shudder to think what it would be like if this promise was not kept. With old age comes the worsening of my asthma, arthritis, diabetes and lack of mobility, in these ailments I am no different from the thousands of pensioners in the U.K. How would I be able to keep my head above water with the ever increasing energy and food bills. Life is tough for us pensioners at present, please do not make it worse by allowing the government not to keep its promise.”

That is why I am speaking in this debate.

The Government need to consider what the current crisis means for the 1950s WASPI women affected by the change to the state pension age. I urge Ministers, as I did in Work and Pensions questions last week, to find an opportunity to bring forward more support for those women in Newport West and across the country, and to set out what immediate action could be taken and when. The treatment they have received has been disgraceful, and I have repeatedly spoken out and called for action.

I look forward to meeting the new Minister, the hon. Member for Sevenoaks (Laura Trott), and eagerly await her response to my letter confirming the meeting she agreed to. As Labour calls for a pensions system that is sustainable, sufficient and able to meet the challenges of an ageing population, I urge all colleagues to support the motion today and to give our pensioners the dignity in retirement they so richly deserve.