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78626
registered interest false more like this
date less than 2014-07-16more like thismore than 2014-07-16
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Pension Credit remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, with reference to the impact assessment of the single-tier pension published in October 2013, if he will make an estimate of how many people reaching state pension age after implementation of the single-tier pension in (a) the UK and (b) Scotland would have been eligible for savings credit in (i) 2020 and (ii) 2030 had savings credit not been abolished. more like this
tabling member constituency Banff and Buchan more like this
tabling member printed
Dr Eilidh Whiteford more like this
uin 206369 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-07-22more like thismore than 2014-07-22
answer text <p /> <p /> <p>The full rate of the new State Pension will give an income above the basic means test, rewarding retirement income saving.</p><p> </p><p>It is estimated that in 2020 around 10% of pensioner households receiving the new State Pension, around 200,000 benefit units, in Great Britain would be eligible for the Savings Credit element of Pension Credit if it had not been removed for people who reached State Pension age after the introduction of new State Pension in April 2016.</p><p> </p><p>By 2030, it is estimated that 15% of the new State Pension households, around 1 million benefit units, would be in this position.</p><p> </p><p>Not all of these people would take up their eligibility to Savings Credit. The Department estimates that take-up amongst people eligible for only the Savings Credit element of Pension Credit is between 43% and 48%.</p><p> </p><p>Breakdowns of the impact analysis by country or region within Great Britain are not available.</p><p> </p><p>It is estimated that retaining Savings Credit for all pensioners and uprating it line with earnings would lead to additional annual costs in the UK of around £2bn in 20 years' time.</p><p> </p>
answering member constituency Thornbury and Yate more like this
answering member printed Steve Webb more like this
question first answered
less than 2014-07-22T11:49:29.1204573Zmore like thismore than 2014-07-22T11:49:29.1204573Z
answering member
220
label Biography information for Steve Webb more like this
tabling member
3911
label Biography information for Dr Eilidh Whiteford more like this
106123
registered interest false more like this
date less than 2014-11-03more like thismore than 2014-11-03
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Pension Credit remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, what recent estimate he has made of the number of eligible pensioners that do not receive pension credit. more like this
tabling member constituency Leicester West more like this
tabling member printed
Liz Kendall more like this
uin 213005 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-11-06more like thismore than 2014-11-06
answer text <p>The most recent estimates of take-up can be found in the Income Related Benefits: Estimates of Take-up report which provides caseload and expenditure estimates of take-up for Pension Credit in Great Britain for the financial year 2009-10. The figures are available online and can be found here: <a href="https://www.gov.uk/government/collections/income-related-benefits-estimates-of-take-up--2" target="_blank">https://www.gov.uk/government/collections/income-related-benefits-estimates-of-take-up--2</a></p><p> </p><p>Experimental estimates of take-up of income-related benefits based on an improved methodology for Great Britain are provisionally due to be published in January to February 2015.</p> more like this
answering member constituency Thornbury and Yate more like this
answering member printed Steve Webb more like this
question first answered
less than 2014-11-06T13:45:29.5413172Zmore like thismore than 2014-11-06T13:45:29.5413172Z
answering member
220
label Biography information for Steve Webb more like this
tabling member
4026
label Biography information for Liz Kendall more like this
225297
registered interest false more like this
date less than 2015-03-04more like thismore than 2015-03-04
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Pension Credit remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, what estimate he has made of the number of people for whom the freezing of the savings element of pensions credit and increases in the basic state pension has had a net negative effect on their income in each of the last three financial years. more like this
tabling member constituency Aberdeen South more like this
tabling member printed
Dame Anne Begg more like this
uin 226249 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2015-03-09
answer text <p>The overall impact of benefit up-rating on a customer’s income depends on a wide variety of factors (including for example any changes to their non state pensions that occur around the same time) which means we cannot accurately measure these impacts. However, the increases in the basic State Pension under the terms of the triple lock, have been more significant than the reductions in the savings credit. Overall it is unlikely that any Pension Credit customer should be worse off, in cash terms, as a result of the uprating decisions made over the last three years.</p> more like this
answering member constituency Thornbury and Yate more like this
answering member printed Steve Webb more like this
grouped question UIN 226248 more like this
question first answered
less than 2015-03-09T16:06:27.223Zmore like thismore than 2015-03-09T16:06:27.223Z
answering member
220
label Biography information for Steve Webb more like this
tabling member
572
label Biography information for Dame Anne Begg more like this
225300
registered interest false more like this
date less than 2015-03-04more like thismore than 2015-03-04
answering body
Department for Work and Pensions more like this
answering dept id 29 more like this
answering dept short name Work and Pensions more like this
answering dept sort name Work and Pensions more like this
hansard heading Pension Credit remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Work and Pensions, what estimate he has made of the number of people in receipt of pension credit whose income from their state pension and pension credit was (a) less in the 2014-15 financial year than it was in the previous financial year, and (b) less in the 2013-14 financial year than it was in the 2012-13 financial year. more like this
tabling member constituency Aberdeen South more like this
tabling member printed
Dame Anne Begg more like this
uin 226248 more like this
answer
answer
is ministerial correction false more like this
date of answer remove maximum value filtermore like thismore than 2015-03-09
answer text <p>The overall impact of benefit up-rating on a customer’s income depends on a wide variety of factors (including for example any changes to their non state pensions that occur around the same time) which means we cannot accurately measure these impacts. However, the increases in the basic State Pension under the terms of the triple lock, have been more significant than the reductions in the savings credit. Overall it is unlikely that any Pension Credit customer should be worse off, in cash terms, as a result of the uprating decisions made over the last three years.</p> more like this
answering member constituency Thornbury and Yate more like this
answering member printed Steve Webb more like this
grouped question UIN 226249 more like this
question first answered
less than 2015-03-09T16:06:27.127Zmore like thismore than 2015-03-09T16:06:27.127Z
answering member
220
label Biography information for Steve Webb more like this
tabling member
572
label Biography information for Dame Anne Begg more like this