§ 14. Sir Michael NeubertTo ask the Secretary of State for Social Security what will be the long-term effect on public spending of the social security reforms he has announced so far. [20133]
§ Mr. LilleyThe major reforms announced so far, particularly incapacity benefit and job seeker's allowance, will reduce projected expenditure by £4 billion a year by the end of the century.
In the next century, once the reforms contained in the Pensions Bill currently before this House have worked through, total savings will be £14 billion a year.