UK’S SHOCKING GENDER PENSION GAP EXPOSED

The Gender Pension Gap - the gap between the average pensions of men and women – is a staggering 40.3%, more than twice the gender pay gap of 17.3%.

This gap represents a difference in pension income of around £7,500 a year, increasing the likelihood of women experiencing later-life poverty. The speed of State Pension Equalisation is undoubtedly a factor in this gap, while the fact that Pension Credit is not protected by the triple-lock discriminates against the oldest and poorest pensioners, who are disproportionately women. In addition, those earning less than £10,000 a year, again mostly women, are not automatically enrolled into a pension and won’t therefore benefit from their employers’ contributions.

I called on the Leader of the House Jacob Rees-Mogg to outline how his Government plans to tackle this gender pension gap injustice and sadly he was unable to do so.

You can watch the exchange below.