PARLIAMENTARY WRITTEN QUESTION
Pension Credit (13 April 2018)

Question Asked

To ask the Secretary of State for Work and Pensions, what estimate she has made of the number of people whose income has increased above the standard minimum guarantee threshold for pension credit as a result of the April 2018 state pension increase.

Asked by:
Anna Turley (Labour)

Answer

In April 2018 there was above indexation increase in the standard minimum guarantee of Pension Credit, to match the cash increase in the basic State Pension. This prevents the increase in the basic State Pension (in isolation) from taking people out of the scope of Pension Credit, excluding the impact of any other changes in circumstances. The full rate of the new State Pension is set each year above the level of the basic means test in Pension Credit, reducing reliance on means testing over time and providing a firm foundation on which to build private pension provision.


Answered by:
Guy Opperman (Conservative)
18 April 2018

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