To ask the Secretary of State for Work and Pensions, what recent assessment her Department has made of the adequacy of the welfare system in helping to alleviate levels of pensioner poverty.
Answered on
13 December 2018
We have reduced pensioner poverty close to historically low levels, lifting the incomes of millions of older people. Since 2009/10, material deprivation for pensioners has fallen from 10 per cent to 7 per cent in 2016/17 and since 2010 there are 200,000 fewer pensioners in absolute poverty, a record low.
The Government is committed to action that helps to alleviate levels of pensioner poverty. In 2018/19 we will spend £121.5 billion on benefits for pensioners, including £97 billion on the State Pension for this year.