division_name: State Pension Reform
motion: <p class="" pid=".120.3/1" pwmotiontext="yes">I beg to move,</p>
  
  <p class="indent" pid=".120.3/2" pwmotiontext="yes">That this House expresses its deep concern at Government policies that have led to a decline in funded pension provision and a massive extension of dependence on means-tested benefits; deplores the &#163;5 billion per annum pensions tax and the erosion of incentives to save, which have caused the halving of the Savings Ratio, and have resulted in only 19 per cent. of final salary pension schemes remaining open to new members; condemns the Government for extending dependence on means-testing to over half of pensioners, despite earlier promises to the contrary, and for ignoring the interests of 1.4 million of the poorest pensioners who, on the Government's own target, will still not be receiving Pension Credit in 2006; notes that Government policies have created a big disincentive to save and led to an increase in the number of pensioners in persistent poverty; and calls on the Government to support state pension reform to reduce dependence on means-tested benefits, to remove the disincentive to save, to improve the financial position of pensioners, including the 1.4 million poorest pensioners, and to provide better incentives to save.</p>
  
  <p class="" pid=".128.0/1" pwmotiontext="yes">I beg to move, To leave out from "House" to the end of the Question, and to add instead thereof:</p>
  
  <p class="indent" pid=".128.0/2" pwmotiontext="yes">"welcomes the fact that people are living longer than ever before; welcomes Government action to tackle pensioner poverty and to promote retirement flexibility, occupational pension security and informed choice; condemns the inheritance of 1997, with millions of pensioners in poverty, many being expected by the Government to live on under &#163;68 a week, and the legacy of pension mis-selling; endorses the Work and Pensions Committee's judgement that "current policies have been successful in reducing pensioner poverty"; notes that the Government is spending &#163;9 billion extra per year in real terms on pensioners compared with the 1997 system; further notes that this is &#163;5.7 billion more than if the basic pension had been linked to earnings; applauds the fact that the poorest third of pensioners will be &#163;1,600 a year better off; welcomes the successful payment of Pension Credit from this month to over two million pensioners and the fact that 1.3 million are gaining more money than they had before; further supports the Government's approach to renew the pensions partnership, outlined in the recent Green Paper and Action Plan; commends plans to introduce a Pension Protection Fund, guaranteeing protection if a company scheme winds up; welcomes proposals to allow individuals to defer their state pension and draw it as a lump sum; looks forward to further measures enabling people to make an informed choice in pension provision, increase flexibility approaching retirement and to work free from age discrimination; and condemns the unfair, unaffordable and unsustainable policies of Opposition parties."</p>
  
  <p pid=".172.1/1" pwmotiontext="yes"><i>The House having divided:</i> Ayes 200, Noes 331.</p>