Question to the Department for Work and Pensions:
To ask His Majesty's Government how they arrived at their estimate that the introduction of means testing for the Winter Fuel Payment will result in savings of £1.5 billion in the current financial year, and what is the itemised breakdown of these calculations.
Estimated savings that result from the introduction of means testing for the Winter Fuel Payment are sensitive to the forecasted take-up of Pension Credit. Final savings will be certified and published by the Office for Budget Responsibility after the Autumn Budget on 30 October 2024, taking account of any behavioural response and the estimated numbers of people who will receive Pension Credit in the upcoming years.