Asked by: Richard Foord (Liberal Democrat - Honiton and Sidmouth)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what steps her Department is taking to support pensioners on the poverty line.
Answered by Torsten Bell - Parliamentary Secretary (HM Treasury)
The last Labour government lifted over one million pensioners out of poverty, and this government – despite having to make the tough decisions to deal with our fiscal inheritance – remains absolutely committed to supporting pensioners and giving pensioners the dignity and security they deserve in retirement.
We will honour our commitment to the Triple Lock throughout this parliament with a 4.1% increase to the basic State Pension and the new State Pension this April, and we are also increasing the standard minimum guarantee in Pension Credit by 4.1%. As such, according to the latest OBR projections, the full yearly rate of the new State Pension is forecast to increase by around £1,900 over the course of this parliament whilst the full yearly amount of the basic State Pension is forecast to increase by around £1,500.
The Government also offers an array of support to ensure pensioners remain comfortable and safe in the winter months. This includes direct financial help to low-income pensioners through Pension Credit, the Warm Home Discount and (in England & Wales) Cold Weather Payments and Winter Fuel Payments.
We know there are low-income pensioners who aren’t claiming Pension Credit and want to ensure as many people as possible have access to this support. We urge pensioners to check their eligibility. Pension Credit will passport them to receive Winter Fuel Payments in future, alongside other benefits. Our take-up campaign has been successful in boosting applications by 145% since July.
All pensioners will also continue to benefit from free eye tests, free NHS prescriptions and free bus passes.
Low-income pensioners and others struggling with the cost of living should contact their local council to see what further support may be available to them. They may be able to receive support from Council Tax Reduction, or through energy support programs – or through the Household Support Fund (a scheme providing discretionary support to those most in need towards the cost of essentials, such as food, energy and water). The Government has extended the Household Support Fund in England by a further year, (until 31 March 2026) – with funding of £742 million provided to enable this extension in England, plus additional funding for the devolved Governments to be spent at their discretion, as usual.