Winter Fuel Payment
The question
To ask the Secretary of State for Work and Pensions, what the proposed saving is from the reduction in the franchise of the Winter Fuel Payment.
Answered by Emma Reynolds
The savings were estimated in Fixing the Foundations as Annually Managed Expenditure (AME) Winter Fuel Payments (WFP) savings of £1.4bn, for 2024/2025, for Great Britain. These included an assumption about increased take-up of Pension Credit which is in line with the highest levels it has achieved historically. WFPs are classified as AME. Estimated savings are sensitive to forecasted take up of Pension Credit. Final savings will be certified and published by the Office for Budget responsibility at the Autumn Budget on the 30th October Budget, taking account of any behavioural response.
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