The minister admits that the gender pay gap will not close until 2040, despite efforts to improve things.

Government ministers admit that women’s state pensions will not be equal to men until 2040.

Labor Pension Minister Baroness Stedman Scott told the House of Lords that the gender gap in state-owned pensions is closing.

However, she added that, despite efforts to improve things, women had lower pensions by retirement because they were absent from work and had less working hours.

The pension is based on the number of years a worker has taken out national insurance.

The shortfall is described as “unacceptable” by activists who warn that gender pension inequality is even greater than gender wage inequality.

Women are more likely to spend time away from the workforce to care for their children and older parents.

In February 2016, people between the ages of 65 and 69 received only 82 percent of the national pensions given to men on average.

After that, a credit-based pension system was introduced that took into consideration the payment of maternity leave, children’s allowance, and long-term care allowance, and it became possible to replenish the national pension in the year when it became impossible to work.

However, according to the Institute for Fiscal Studies think tank, women in the age group 65-69 earn 8% less than men in 2020.

Jan Shortt, secretary general of the National Pensioners Convention (NPC), said women do not have to wait another 18 years for the gap to close.

“Wait until it’s even,” she said, adding that she had taken the woman out of her pocket.

“We have not seen a firm determination or strategy from the government that gives us a reason to believe that we have the political will to deal with it.”

NPCs are calling for a review of national pensions so that all pensioners receive 70% of their national living wages.

Sir Sicca, a Labor colleague and professor of accounting, said women were treated as “second-class citizens,” adding that “millions of people are miserable.”

He argued that the government could afford to increase women’s payments because there was a surplus of £ 42.5 billion in the National Health Insurance Fund’s account, where national pensions were paid.

Sir Sicca said:’The government can easily pay for it. All they do is give women misery.

The Department for Work and Pensions states: “The new state pension was introduced in 2016. The results are expected to be equal for men and women by the early 2040s, more than 10 years earlier than the old system.”

Angela Madden, a woman who opposes national pension inequality, said:

“This puts many women in an impossible financial position. The stories we hear from women are heartbreaking.”