To ask the Secretary of State for Work and Pensions if he will estimate the cost to the public purse of uprating pension credit using a consumer prices index level of (a) 2.5, (b) 3, (c) 3.1, (d) 3.5, (e) 4, (f) 4.3, (g) 4.5, (h) 4.6, (i) 4.9, (j) 5.1 and (k) 5.2 per cent. in 2012-13.
The information is in the table.
|Percentage increase||Cost (£ million)|
|(a ) 2.5||470|
|Notes: 1. Costing based on DWP budget 2011 expenditure forecasts. 2. Costs are rounded to the nearest £10 million. 3. Costs are compared to a baseline of no uprating and are indicative only. Proposed benefit rates will be announced to Parliament by ministerial statement later in the autumn. 4. The costing assumes that housing benefit and council tax benefit rates are aligned with those for pension credit.|