Tax Credits (Pensioners)

HC Deb 12 November 2001 vol 374 c573W

Roger Casale

To ask the Secretary of State for Work and Pensions what further plans he has to introduce tax credits for pensioners. [11694]

Mr. McCartney

As announced in the Gracious Address, the Government will introduce a Bill to provide for Pension Credit in this session.

The Pension Credit forms a key part of the Government's overall strategy for tackling pensioner poverty.

When introduced in 2003 it will mean that no single pensioner need live on less than £100 a week and no pensioner couple need live on less than £154 a week.

Around half of all pensioners will gain as a result of the introduction of the Credit.