§ Baroness Castle of Blackburnasked Her Majesty's Government:
Whether they will give an undertaking that their election commitment to retain SERPS "as an option for those who wish to remain in it" does not mean that SERPS will gradually be phased out but that it will be retained as an option for those who wish to join it in the future.
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§ Baroness Hollis of HeighamAs stated in our manifesto, the Government are committed to retaining SERPS as an option for those who wish to remain in it. This includes new entrants to the labour force.
Representations on the future of SERPS beyond the present Parliament, including those submitted by the right honourable Baroness, are being considered as part of our pensions review.