Manuela Perteghella

Manuela Perteghella

Liberal Democrat — Stratford-on-Avon

Speaking in the House of Commons on 23 April 2025

Debate

Pension Funds

Contribution

Yes. The hon. Member makes a good point. The lack of transparency allowed this policy to persist under the radar. The formula used is regressive and unfair. For a start, the deduction is based on the full state pension rate one year before retirement, not on salary or actual state pension received. It is then divided by 80 and multiplied by years worked. The result? The longer someone worked and the less they earned, the more they lose. That injustice falls heaviest on women.

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