Pension Credit

(asked on 13th April 2018) - View Source

Question to the Department for Work and Pensions:

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.


Answered by
Guy Opperman Portrait
Guy Opperman
Parliamentary Under-Secretary (Department for Transport)
This question was answered on 18th April 2018

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.

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