In response to rising pensioner poverty, MPs have urged the government to implement a minimum income level for retired individuals. Liz Kendall, the work and pensions secretary, warned of an impending crisis without significant reforms to the pension system. Current data shows that two million pensioners are living in poverty, a figure projected to increase. The Commons Work and Pensions Committee emphasizes the necessity for a comprehensive strategy to address poverty among older adults, warning that failure to act could lead to unsustainable health and social care systems.
Ministers should ensure retired people have a minimum level of income to prevent a surge in pensioner poverty, MPs have warned.
The work and pensions secretary Liz Kendall said Britain faced a tsunami of pensioner poverty without major reform to the system.
Age UK has found that two million pensioners are already in poverty, with the number expected to rise.
MPs on the Commons Work and Pensions Committee say a new national strategy to tackle the problem among older people is needed.
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