Pension Credit

(asked on 24th October 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what assessment she has made of the adequacy of the current threshold for pension credit.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Parliamentary Secretary (HM Treasury)
This question was answered on 31st October 2024

The rates of Pension Credit are reviewed annually as part of the Secretary of State’s statutory review of State pension and benefit rates. The review for 2025/26 has been completed and its conclusions announced to Parliament. Subject to Parliamentary approval, the Standard Minimum Guarantee in Pension Credit will increase from £218.15 to £227.10 a week for a single pensioner and from £332.95 to £346.60 a week for a pensioner couple. The new rates will take effect from 7 April 2025.

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