Written Question·Department for Work and Pensions·UIN 77467

State Retirement Pensions: Expenditure

Tabled: 16 September 2025
Answered: 14 October 2025
Named Day

Question

Mr Gregory Campbell

Democratic Unionist PartyEast Londonderry

To ask the Secretary of State for Work and Pensions, what estimate he has made of the cost to the public purse of the State Pension by July 2029.

Answer

Torsten Bell
The Department’s latest forecasts estimate around £169 billion (in nominal terms) will be spent on the State Pension in 2029/30. Forecasts are presented on a financial year basis, as the Department does not produce totals by a specific calendar month, suc...

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