HC Deb 09 November 2000 vol 356 c338W
30. Helen Jackson

To ask the Chancellor of the Exchequer if he will make a statement on his review of financial support for pensioners with special reference to the savings limits disregard. [135981]

Miss Melanie Johnson

The Government announced in the Budget that the savings limit in the Minimum Income Guarantee will double next April from £3,000 to £6,000. Today the Secretary of State for Social Security is publishing a consultation document outlining plans for a Pension Credit from 2003 to reward low and modest income pensioners who have worked hard to save for their retirement.