New report calls for Citizen’s Pension

Jo Swinson is campaigning for a pensions boost

Britain’s pension problems could be solved by replacing the current system with a “citizen’s pension” starting at £105 a week, a report by The National Association of Pension Funds (NAPF) says. The interim report on the scheme found it was affordable and could be implemented within six years. It said it would benefit millions of pensioners, particularly women, would be cheaper to administer and would be simpler for people to understand. Jo Swinson commented, “Liberal Democrats are proposing the introduction of a Citizen’s Pension, and this careful and thoughtful report further strengthens our case.”

Jo continued, “Pensioners, especially women, have had a raw pensions deal for too long. It would be a real step in the right direction if the Government adopted Liberal Democrat plans to increase the state pension for the over 75s and take one million people out of means testing. The Citizen’s Pension seems like the likeliest way of producing an all-party consensus which could become the foundation of a stable, long-term pensions settlement.”