To ask the Secretary of State for Work and Pensions what the administrative costs have been of managing the pension credit system since its introduction; how much was paid in pension credit in each year; and what the percentage take-up of pension credit by (a) men and (b) women was in each year since its introduction.
The following table shows the administrative costs for managing the pension credit system since its inception in October 2003. Please note that due to the launch of pension credit in October 2003, the figures for the financial year 2003-04 are low in comparison to future years; years 2004-06 administrative costs are at their highest due to these years being the peak years for achieving the PSA target; and years 2006-08 represent steady state. The lower costs for 2007-08 represent the impact of the Pension Transformation Programme (PTP) and the introduction of PTP wave 1.
|Administrative costs of pension credit|
|2003 - 04||2004- 05||2005- 06||2006- 07||2007- 08|
|Central functions cost||—||50||81||—||—|
|Total administrative cost||108||212||233||190||182|
| Notes: |
1. All data taken from ABM except central directorate costs from Pensions Finance Data Warehouse.
2. 2003-04 costs are the operational costs for pension credit only i.e. they exclude central and non-staff costs which are not available.
3. 2004-05 and 2005-06 central functions and non-staff costs pro rated from pension credit share of operations costs.
4. Final 2007-08 outturn total = £404.29 million.
The following table shows the benefit expenditure for pension credit every year since its inception in October 2003.
|Out of Hours Service||-65.00||-3,569.62||-70.00||—||-100.00|
| Source: |
Accounting, Shared Services, Norcross.
The percentage of take-up for pension credit by male/female gender for every quarter since October 2003 are shown in the following table.
|Pension credit case load, number of claimants and percentage by gender of claimant|
|Percentage of case load|
|Total case load claimants (Thousand)||Female||Male|
| Source: |
DWP Information Directorate Work and Pensions Longitudinal Study.