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Pension Credit: Expenditure

Asked by Helen WhatelyConservativeDepartment for Work and PensionsTabled Answered 18 November 2024UIN 14074

The question

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

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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