Commons Sense

House of Commons · Written Ministerial Statement

Social Security Update

17 November 2022 · Department for Work and Pensions

Proposed by Mel Stride Con Central Devon

Benefits & Welfare

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • The State Pension and benefit rates will increase by 10.1% in line with the Consumer Prices Index (CPI) from April 2023.
  • Specific increases to various benefits are announced as part of the update.
  • Certain deductions are being frozen due to fuel costs, as mentioned in the statement.

Issue summary

The statement discusses the review and adjustment of State Pension and benefit rates for the tax year 2023/24.

Action requested

The minister announces that State Pension and benefit rates will increase by 10.1% in line with the Consumer Prices Index (CPI) from April 2023, including specific increases to various benefits and freezes on certain deductions due to fuel costs.

Key facts

  • The full rate of the new State Pension will increase from £185.15 to £203.85 a week.
  • The basic State Pension will increase from £141.85 to £156.20 a week.
  • Expenditure on State Pensions and pensioner benefits will increase by £13 billion in 2023/24 compared to no change.
  • Reserved non-pensioner benefits expenditure will increase by £9 billion in 2023/24 compared to no change.
  • The standard fuel cost deductions in Housing Benefit will be frozen rather than increased.
  • Local Housing Allowance rates for 2023/24 will be maintained at elevated levels agreed for 2020/21.
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