State Retirement Pensions
(asked on 26th May 2022) - View Source
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, with reference to her Department's publication entitled Benefit Expenditure and caseload tables 2022, what the level of expenditure on Category D retirement pensions is in each year from 2019-20; what estimate she has made of the level of fluctuations from year to year in the total amount paid; and if she will make a statement.
The table below shows the total level of expenditure on Category D retirement pensions for each financial year from 2019/20 to 2026/27. The year-on-year change is also included in the table to show the fluctuations in total Category D expenditure over this period. The increase in outturn in 2020/21 relates to the Department’s estimated liability due to underpaid Category D State Pension. The increase in forecast in 22/23 reflects the increased expenditure for the year in which it will be repaid to customers.
£ million, nominal terms | 19/20 | 20/21 | 21/22 | 22/23 | 23/24 | 24/25 | 25/26 | 26/27 |
Outturn | Outturn | Forecast | Forecast | Forecast | Forecast | Forecast | Forecast | |
State Pension (non contributory 'Category D') | £119 | £275 | £149 | £271 | £187 | £174 | £180 | £188 |
Year on year change | £0 | £156 | -£126 | £122 | -£84 | -£13 | £6 | £8 |
Source: Benefit expenditure and caseload tables 2022 - GOV.UK (www.gov.uk)