Report May. 22 2024
Committee: Education Committee (Department: Department for Education)Found: Committee’s inquiry into financial education was launched in November 2023 to look at the current state
Oral Evidence May. 21 2024
Inquiry: Industrial policyFound: 600,000 jobs to transition the US power system to net zero by 2035, falling back down to 200,000 steady-state
May. 21 2024
Source Page: Nationwide campaign to build the British workforce of the futureFound: Pension entitlement, workplace pensions / Automatic -Enrolment , and retirement income planning.
Asked by: James Daly (Conservative - Bury North)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, if he will make an assessment of the potential merits of providing additional information on (a) his Department's website and (b) the State Pension Claims Form on taking up to 12 months of a State Pension deferral as a single arrears payment.
Answered by Paul Maynard - Parliamentary Under-Secretary (Department for Work and Pensions)
There is no lump-sum payment for deferral in the new State Pension scheme. This change came in from 2016. Under the new State Pension scheme, the single arrears payment (of up to a maximum of 12 months) is a backdated payment for money which would have been received during that period and does not accrue interest. The arrears payment is separate from the deferral process.
The customer is provided with guidance on backdating and deferral alongside their State Pension claim form.
The Department reviews the information available on its website and the State Pension claim form on an ongoing basis as part of continuous improvements to customer communications and products. Additional information on the State Pension arrears payment is currently being reviewed for inclusion on the Department's website by the end of July 2024. Additional updates to the information on backdating are also being considered for the State Pension claim form (digital and paper).
Asked by: Diana Johnson (Labour - Kingston upon Hull North)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, whether he has made an estimate of the average financial impact of changes to the State Pension age for women born in the 1950s residing in Kingston upon Hull North constituency.
Answered by Paul Maynard - Parliamentary Under-Secretary (Department for Work and Pensions)
We do not hold regional figures on the financial impact of changes to State Pension age.
Asked by: Andrea Jenkyns (Conservative - Morley and Outwood)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, if he will make an assessment of the potential impact of changes to the State Pension age on women born in the 1950s in Morley and Outwood constituency.
Answered by Paul Maynard - Parliamentary Under-Secretary (Department for Work and Pensions)
We do not hold regional figures on the impact of changes to State Pension age.
Asked by: Andrea Jenkyns (Conservative - Morley and Outwood)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, with reference to the Parliamentary and Health Services Ombudsman report into the changes to Women’s State Pension Age, published on 21 March 2024, if he will bring forward proposals for a compensation scheme by 23 July 2024.
Answered by Paul Maynard - Parliamentary Under-Secretary (Department for Work and Pensions)
In laying the report before Parliament at the end of March, the Ombudsman has brought matters to the attention of this House. A further update to the House will be provided once the report's findings have been fully considered. This work is ongoing.
Mentions:
1: Thérèse Coffey (Con - Suffolk Coastal) , of which I was proud to be the Secretary of State, but I am particularly conscious about the uncertainty - Speech Link
2: Mims Davies (Con - Mid Sussex) In Committee, the Under-Secretary of State for Work and Pensions, my hon. - Speech Link
3: Nickie Aiken (Con - Cities of London and Westminster) their standard of living during retirement. - Speech Link
Asked by: Colleen Fletcher (Labour - Coventry North East)
Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, how many pensioners in (a) Coventry North East constituency, (b) Coventry, (c) the West Midlands and (d) England (i) receive the basic state pension, (ii) receive pension credit and (iii) are eligible for pension credit but do not claim it; and what steps his Department is taking to ensure that all pensioners receive their full entitlement to pension credit.
Answered by Paul Maynard - Parliamentary Under-Secretary (Department for Work and Pensions)
Caseload statistics are routinely published and made publicly available via DWP Stat-xplore. The figures below show the Pension Credit and Basic State Pension caseloads in each area:
| Pension Credit | Basic State Pension |
Coventry North East Constituency | 2,873 | 10,083 |
Coventry | 7,168 | 33,981 |
North West | 131,692 | 773,219 |
England | 1,160,826 | 7,190,718 |
The latest available Pension Credit take-up statistics cover the financial year 2021 to 2022 and are available at: Income-related benefits: estimates of take-up: financial year ending 2022 - GOV.UK (www.gov.uk). These statistics are only available at Great Britain level and cannot be broken down to smaller geographical areas.
We continue to promote Pension Credit through our national awareness campaign, which has been ongoing since April 2022 and has included advertising on national TV, newspapers, broadcast radio, on social media and via internet search engines as well as on screens in Post Offices and GP surgeries.
At the start of 2024 - as in previous years - the DWP wrote to over 11 million pensioners as part of the annual State Pension up-rating exercise. The accompanying leaflet included prominent messaging promoting Pension Credit using the 'call to action' messaging from the communication campaign, including how Pension Credit opens the door to other financial help such as housing costs, Council Tax and heating bills.
There is a strong indication that the campaign has had a positive impact. The latest available figures covering the 3 months to November 2023 show that there were over 28 thousand more households in receipt the Guarantee Credit element of Pension Credit than in May 2022.
May. 16 2024
Source Page: Business case guidance for projects and programmesFound: time to the employer and must include all employment costs in addition to basic pay – for example, pensions