Social Security Benefits: Bank Services
(asked on 27th October 2026) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what methodology was used to calculate the projected £1.2 billion in savings over five years from the Eligibility Verification Measure.
This question was answered on 2nd November 2026
The methodology behind the projected savings and can be found in the Regulatory Impact Assessment for the PAFER Act 2025 (pages 47-49).
It is not currently possible to breakdown the Eligibility Verification Measure savings profile into the prevention of fraud, the correction of claimant error, the correction of official error and the prevention of overpayments.