Department for Work and Pensions

The main function of the Department for Work and Pensions is to work out the amount of state pension and pension credit each of us is entitled to. This function is performed by The Pension Service, who also make the payments.

It delivers the policy decided on by the government and is behind the introduction of both NEST and the new flat-rate pension, both of which are expected to be implemented by 2015 or 2016.

The DWP's programmes are delivered by The Pension Service. The Pension Service is part of the Pensions, Disabilities and Carers Service (PDCS).

	Row erupts as Hague tells businesses to work harder William Hague is demanding that businesses work harder to boost the economy, but the British Chambers of Commerce said firms are 'straining every sinew' to deliver.
	Over 50s will have to work 11 years beyond state pension age Nearly half of Britain’s over 50s could be forced to work for more than a decade beyond state pension age to keep their standard of living, a report warns.
	Has QE harmed pensions? Has the Bank of England's quantitative easing policy harmed pension incomes as suggested by a Treasury committee budget report published this week or is the criticism overstated?
	Bean says QE effect on pensions is "exaggerated" The Deputy Governor of the Bank of England, Charles Bean, says that how quantitative easing affects pension funds depends on whether the fund has a deficit to begin with or not.
	Poor pension choices ‘could mean years longer at work’ High pension charges and wrong annuity choices could drastically reduce potential pension income, a report for the National Association of Pension Funds warns.