Pension Credit: Expenditure

(asked on 13th November 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what the cost to the public purse was for Pension Credit in the latest year for which information is available.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Parliamentary Secretary (HM Treasury)
This question was answered on 18th November 2024

The total government expenditure in nominal terms for Pension Credit awards was £4.9 billion in 2022/23.

This figure does not include other operational and administrative costs, such as the government’s campaign to increase take-up of Pension Credit, as well as supporting customers and sending letters.

Source: outturn-and-forecast-tables-spring-budget-2024.xlsx

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