questionText: To ask the Chancellor of the Exchequer, what estimate she has made of the marginal propensity to consume of (a) all pensioners, (b) pensioners under the threshold for Pension Credit and (c) pensioners over the threshold for Pension Credit.
answerText: HM Treasury does not hold this information. The average award of Pension Credit is worth more than £4,200 a year, providing a safety net for pensioners on the lowest incomes. The UK Government is focused on maximising Pension Credit take-up to ensure thos...
heading: Pensioners: Expenditure