A question on #PensionCredit #CapitalRules tabled by Dave Doogan on 05-02-2025 has been answered by Torsten Bell.

Heading: Pension Credit: Capital Rules
Question ID: 1762350
UIN: 29070
House: Commons
Date tabled: 2025-02-05
Asking Member ID: 4736
Asking Member display name: Dave Doogan
Asking Member handle: davedoogansnp
Asking Member Twitter reference: @davedoogansnp
Member interest: false
Question text: To ask the Secretary of State for Work and Pensions, what the disregarded capital limit on pension credit was in each of the last 15 years; and if she will increase the disregarded capital limit in line with inflation since the last increase.
Is named day: true
Date of holding answer:
Date answered: 2025-02-11
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 5069
Answering Member display name: Torsten Bell
Answering Member handle: TorstenBell
Answering Member Twitter reference: @TorstenBell
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The capital disregard in Pension Credit has been set at £10,000 since 2009 and will remain at that level in 2025/26. Capital over £10,000 reduces weekly entitlement by £1 per £500 of capital. Unlike with working age income related benefits, there is no up...
Original answer text:
Comparable answer text:
Answering body ID: 29
Answering body name: Department for Work and Pensions
Tweeted: true