Skip to main content

Financial Assistance Scheme

Volume 447: debated on Monday 12 June 2006

To ask the Secretary of State for Work and Pensions whether there are mechanisms in place to ensure that eligible people who are close to retirement are supported efficiently through the financial assistance scheme. (76108)

We have said we need to do more to ensure that eligible members who reach 65, the payment age for the financial assistance scheme, are paid as quickly as possible. That is why we are reviewing the administration of the scheme. The review will look at what we need to do to provide the best administration and management support. It will also consider how we can ensure the most cost-efficient operation and examine a full range of options for the appropriate organisational location of the operations. It will report before the summer recess.