Sir Stephen Timms

Sir Stephen Timms

Labour — East Ham

Speaking in the House of Commons on 4 February 2025

Debate

Social Security Benefits

Contribution

I simply point out to the hon. Gentleman that his party appears to no longer be committed to the triple lock. We look forward to clarification on that point from the shadow Minister. Other components of state pension awards, such as those previously built up under earnings-related state pension schemes, including the additional state pension, will increase by 1.7% in line with prices. The Government are committed to supporting pensioners on the lowest incomes, so the safety net provided by the pension credit standard minimum guarantee will increase by 4.1%. For single pensioners, that means an increase from £218.15 to £227.10 per week; for couples, the increase is from £332.95 to £346.60 per week. We want everybody entitled to that support to receive it, which is why we launched the national pension credit campaign. We received around 150,000 pension credit applications in the 16 weeks after the winter fuel payment announcement.

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