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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.
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.
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 upper capital limit.
Benefit rules, including capital disregards in income related benefits, are kept under regular review. There are no plans to increase the capital disregard in Pension Credit.
This briefing considers how the main parameters for the financial means-test for adult social care - such as the capital limits - have changed since 1997.
This briefing considers how the main parameters for the financial means-test for adult social care - such as the capital limits - have changed since 1997.
Proposed social security benefit and pension rates 2016 to 2017. 15 p.
Proposed social security benefit and pension rates 2016 to 2017. 15 p.
My Lords, from April the new pension freedoms at 55 may bring joy to many but, in my view, they are destroying the integrity of DWP benefit rules—and no one seems much to care. I find that a bit shocking. Many thousands of rather vulnerable people will not know where...
My Lords, from April the new pension freedoms at 55 may bring joy to many but, in my view, they are destroying the integrity of DWP benefit rules—and no one seems much to care. I find that a bit shocking. Many thousands of rather vulnerable people will not know where...
My Lords, I would like to move Amendment 21 in the names of my noble friends Lord Bradley and Lord McAvoy and the noble Baroness, Lady Greengross, who apologises for having to leave early. I hope, as this is a modest amendment asking for guidance, that the Government will accept...
My Lords, I would like to move Amendment 21 in the names of my noble friends Lord Bradley and Lord McAvoy and the noble Baroness, Lady Greengross, who apologises for having to leave early. I hope, as this is a modest amendment asking for guidance, that the Government will accept...
At last, the big event of the day —the one you have all been waiting for. First, I declare an interest as an unremunerated president of SOLLA, the Society of Later Life Advisers, which is the body that accredits financial advisers who work with the elderly.
As there could be some...
At last, the big event of the day —the one you have all been waiting for. First, I declare an interest as an unremunerated president of SOLLA, the Society of Later Life Advisers, which is the body that accredits financial advisers who work with the elderly.
As there could be some...
My Lords, my noble friend has done a singular service in bringing these two Motions before your Lordships’ House. I take this opportunity to welcome back my noble friend Lady Wilkins, who is in her place. It is great to see her back in your Lordships’ House.
My noble friend made...
My Lords, my noble friend has done a singular service in bringing these two Motions before your Lordships’ House. I take this opportunity to welcome back my noble friend Lady Wilkins, who is in her place. It is great to see her back in your Lordships’ House.
My noble friend made...
My Lords, the Government have made a clear commitment to introduce a universal deferred payment scheme from April 2015. The fulfilment
of this pledge directly addresses the long-standing problem in the care system whereby people who have gone into residential care have often had to sell their homes at short...
My Lords, the Government have made a clear commitment to introduce a universal deferred payment scheme from April 2015. The fulfilment
of this pledge directly addresses the long-standing problem in the care system whereby people who have gone into residential care have often had to sell their homes at short...
I thank the noble Baroness for her reply, which the world will be able to peruse together with my speech in Hansard and judge whether she has answered all the points that I made. She and her department are obviously getting quite different information from local authorities, which is not...
I thank the noble Baroness for her reply, which the world will be able to peruse together with my speech in Hansard and judge whether she has answered all the points that I made. She and her department are obviously getting quite different information from local authorities, which is not...
Moved by
Lord Lipsey
Moved by
Lord Lipsey
Lords motion to annul, That a Humble Address be presented to Her Majesty praying that the Care and Support (Deferred Payment) Regulations 2014 laid before the House on 31 October be annulled on the grounds that the Regulations are to come into force in April 2015 instead of simultaneously with the other post-Dilnot reforms in April 2016. (SI 2014/2671). Debated and withdrawn.
Lords motion to annul, That a Humble Address be presented to Her Majesty praying that the Care and Support (Deferred Payment) Regulations 2014 laid before the House on 31 October be annulled on the grounds that the Regulations are to come into force in April 2015 instead of simultaneously with...
Lords motion of regret, That this House regrets that the £23,500 asset limit proposed in the Care and Support (Deferred Payment) Regulations 2014 is at odds with Her Majesty’s Government’s pledge that no-one will have to sell their home in their lifetime to pay for care. (SI 2014/2671). Disagreed to on division (54 votes to 147).
Lords motion of regret, That this House regrets that the £23,500 asset limit proposed in the Care and Support (Deferred Payment) Regulations 2014 is at odds with Her Majesty’s Government’s pledge that no-one will have to sell their home in their lifetime to pay for care. (SI 2014/2671). Disagreed to...
It is the maximum people have to pay once they have reached the threshold for care, but they can choose to pay more if they wish. The hon. Lady has refused to answer the question about what Labour Members believe is the right threshold. They have been utterly inconsistent. The...
It is the maximum people have to pay once they have reached the threshold for care, but they can choose to pay more if they wish. The hon. Lady has refused to answer the question about what Labour Members believe is the right threshold. They have been utterly inconsistent. The...
In my experience, it is wholly inadequate. The consultation period is being slightly extended through this Bill, but I still do not believe it can lead to a genuine, open and honest debate between the people trying to lead change and the public, who have a right to make their...
In my experience, it is wholly inadequate. The consultation period is being slightly extended through this Bill, but I still do not believe it can lead to a genuine, open and honest debate between the people trying to lead change and the public, who have a right to make their...