Minimum Wage and State Retirement Pensions
Commons · Question 30332 · Tabled 10 Feb 2025 · Treasury · Official record
Answered 18 Feb 2025
Question
Asked by Gregory Stafford
To ask the Chancellor of the Exchequer, what steps she is taking to reduce the difference between the minimum wage and the State Pension.
Answer
Answered by Darren Jones, 18 Feb 2025
The National Living Wage (NLW) and the National Minimum Wage (NMW) are the legal wage floors that employers must follow. The NLW rate is the minimum hourly wage for eligible workers aged 21 and over and the NMW is minimum hourly wage for eligible workers ...