Pension Credit

(asked on 27th February 2025) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, how much Pension Credit was paid out in the latest reporting period; and what proportion of this was subject to fraud or error.


Answered by
Torsten Bell Portrait
Torsten Bell
Parliamentary Secretary (HM Treasury)
This question was answered on 6th March 2025

The latest published DWP Benefit expenditure and caseload tables show that in 2023/24, Pension Credit expenditure (outturn) was £5,467 million (nominal terms). These figures are based on Autumn Statement 2024 and are available at: Benefit expenditure and caseload tables 2024 - GOV.UK.

However, the latest DWP Fraud and Error statistics for financial year 2023/2024 are based on Spring Statement 2024 and estimate that of the £5,400 million Pension Credit expenditure (forecast, rounded to £100m), £520 million is due to fraud and error overpayment (where the Department pays people too much money).

This equates to an overpayment of 9.7% of Pension Credit expenditure (nominal terms, based on Spring Statement 2024). This data can be found here: Fraud and error in the benefit system: financial year 2023 to 2024 estimates - GOV.UK. The estimates are published annually, and the next release is planned for May 2025, which will estimate fraud and error in benefit claims for the financial year ending 2025.

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