asked the Secretary of State for Social Services what has been, for a worker on average earnings retiring in (a) 1974, (b) 1979, (c) 1984, and (d) 1987 (i) the level of the retirement pension, (ii) average occupational pension, (iii) the state earnings related pension scheme pension, where applicable, (iv) average investment income for a worker on average earnings.
[pursuant to his reply, 22 April 1987 c. 632]: The available information is shown in the tables. Table 1 gives the level of the single person's full rate basic pension at uprating dates in each of the years specified, and the level of state earnings related pension awarded to a man on average earnings retiring on 6 April of each of those years. I refer the hon. Member to my reply of 12 January 1987 at columns 123–24 for the assumptions governing these figures. Table 2 shows the average amounts of occupational pension and investment income received weekly by all tax units in the specified age groups in each of the years for which information is available. It is not possible to identify those people retiring in the years specified, nor is information on previous earnings histories available from the family expenditure survey data upon which this table is based.
Table 1 | ||
£ per week | ||
Basic pension1 2 | State Earnings Related Pension | |
1974 | 10·00 | n/a |
1979 | 19·50 | 0·95 |
1984 | 35·80 | 10·80 |
1987 | 39·50 | 20·05 |
Table 23 | ||
£ per week | ||
Occupational pension | Investment income | |
1974 | 4·00 | 3·10 |
1979 | 10·70 | 6·30 |
1984 | 19·00 | 9·00 |
19854 | 23·40 | 14·00 |
1 Basic pension entitlement does not depend upon an individual's earnings history but upon his national insurance contribution record over his working life. | ||
2 Graduated pension and increments for deferred retirement are excluded. | ||
3 The tax units in Table 2 may be single men aged 65–69, single women aged 60–64 or married couples where the husband is 65–69. Due to small sample sizes it is necessary to provide data for 5 year age groups rather than for men or women reaching state pensionable age in the years specified. | ||
4 Latest date for which information is available. |
asked the Secretary of State for Social Services if he will publish figures setting out the components of net weekly spending power in November 1985 and November 1986 for each of a single and a married retirement pensioner, assuming (a) £15 a week rent and £7 rates and (b) £30 a week rent and £10 a week rates, and with the following amounts of income in addition to the state basic pension: £0, £5, £10, £15, £20, £30, £40, £50 and £100 respectively.
Components of net weekly spending power for pensioners receiving housing benefit | ||||||
Table 1: 1985. Rent £15·00, Rates £7·00 | ||||||
November 1985 | ||||||
Single Pensioner | ||||||
Income (gross) | Tax | Rent | Rent rebate | Rates | Rate rebate | Disposable income |
£ | £ | £ | £ | £ | £ | £ |
38·30 | Nil | 15·00 | 14·13 | 7·00 | 6·25 | 36·68 |
43·30 | 0·27 | 15·00 | 11·63 | 7·00 | 5·25 | 37·91 |
48·30 | 1·77 | 15·00 | 9·13 | 7·00 | 4·25 | 37·91 |
53·30 | 3·27 | 15·00 | 7·62 | 7·00 | 3·58 | 39·23 |
58·30 | 4·77 | 15·00 | 6·17 | 7·00 | 2·93 | 40·63 |
68·30 | 7·77 | 15·00 | 3·27 | 7·00 | 1·63 | 43·43 |
78·30 | 10·77 | 15·00 | Nil | 7·00 | Nil | 45·53 |
88·30 | 13·77 | 15·00 | Nil | 7·00 | Nil | 52·53 |
138·30 | 28·77 | 15·00 | Nil | 7·00 | Nil | 87·53 |
Pensioner Couple | ||||||
Income (gross) | Tax | Rent | Rent rebate | Rates | Rate rebate | Disposable income |
£ | £ | £ | £ | £ | £ | £ |
61·30 | Nil | 15·00 | 13·88 | 7·00 | 6·15 | 59·33 |
66·30 | Nil | 15·00 | 11·38 | 7·00 | 5·15 | 60·83 |
71·30 | 1·46 | 15·00 | 8·93 | 7·00 | 4·17 | 60·93 |
76·30 | 2·96 | 15·00 | 7·48 | 7·00 | 3·52 | 62·34 |
81·30 | 4·46 | 15·00 | 6·03 | 7·00 | 2·87 | 63·74 |
91·30 | 7·46 | 15·00 | 3·13 | 7·00 | 1·57 | 66·54 |
101·30 | 10·46 | 15·00 | Nil | 7·00 | Nil | 68·84 |
111·30 | 13·46 | 15·00 | Nil | 7·00 | Nil | 75·84 |
161·30 | 28·46 | 15·00 | Nil | 7·00 | Nil | 110·84 |
Table 2: 1985, Rent £30·00, Rates £10·00 | ||||||
November 1985 | ||||||
Single Pensioner | ||||||
Income (gross) | Tax | Rent | Rent rebate | Rates | Rate rebate | Disposable income |
£ | £ | £ | £ | £ | £ | £ |
38·30 | Nil | 30·00 | 23·13 | 10·00 | 8·05 | 29·48 |
43·30 | 0·27 | 30·00 | 20·63 | 10·00 | 7·05 | 30·71 |
48·30 | 1·77 | 30·00 | 18·13 | 10·00 | 6·05 | 30·71 |
53·30 | 3·27 | 30·00 | 16·62 | 10·00 | 5·38 | 32·03 |
58·30 | 4·77 | 30·00 | 15·17 | 10·00 | 4·73 | 33·43 |
68·30 | 7·77 | 30·00 | 12·27 | 10·00 | 3·43 | 36·23 |
78·30 | 10·77 | 30·00 | 9·37 | 10·00 | 2·13 | 39·03 |
88·30 | 13·77 | 30·00 | 6·47 | 10·00 | 0·83 | 41·83 |
138·30 | 28·77 | 30·00 | Nil | 10·00 | Nil | 69·61 |
Pensioner Couple | ||||||
Income (gross) | Tax | Rent | Rent rebate | Rates | Rate rebate | Disposable income |
£ | £ | £ | £ | £ | £ | £ |
61·30 | Nil | 30·00 | 22·88 | 10·00 | 7·95 | 52·13 |
66·30 | Nil | 30·00 | 20·38 | 10·00 | 6·95 | 53·63 |
71·30 | 1·46 | 30·00 | 17·93 | 10·00 | 5·97 | 53·74 |
76·30 | 2·96 | 30·00 | 16·48 | 10·00 | 5·32 | 55·14 |
81·30 | 4·46 | 30·00 | 15·03 | 10·00 | 4·67 | 56·54 |
91·30 | 7·46 | 30·00 | 12·13 | 10·00 | 3·37 | 59·34 |
101·30 | 10·46 | 30·00 | 9·23 | 10·00 | 2·07 | 62·14 |
111·30 | 13·46 | 30·00 | 6·33 | 10·00 | 0·77 | 64·94 |
161·30 | 28·46 | 30·00 | Nil | 10·00 | Nil | 92·84 |
[pursuant to his reply, 27 April 1987, c. 31–32]: The information requested is shown in the tables. The housing benefit components did not change between November 1985 and November 1986 because at the July 1986 uprating, the needs allowances were increased exactly in line with retirement pensions.
Table 3: 1986, Rent £15·00, Rates£7·00
| ||||||
November 1986
| ||||||
Single Pensioner
| ||||||
Income (gross)
| Tax
| Rent
| Rent rebate
| Rates
| Rate rebate
| Disposable income
|
£
| £
| £
| £
| £
| £
| £
|
38·70 | Nil | 15·00 | 14·13 | 7·00 | 6·25 | 37·08 |
43·70 | Nil | 15·00 | 11·63 | 7·00 | 5·25 | 38·58 |
48·70 | 1·10 | 15·00 | 9·13 | 7·00 | 4·25 | 38·98 |
53·70 | 2·55 | 15·00 | 7·62 | 7·00 | 3·58 | 40·35 |
58·70 | 4·00 | 15·00 | 6·17 | 7·00 | 2·93 | 41·80 |
68·70 | 6·90 | 15·00 | 3·27 | 7·00 | 1·63 | 44·70 |
78·70 | 9·80 | 15·00 | Nil | 7·00 | Nil | 46·90 |
88·70 | 12·70 | 15·00 | Nil | 7·00 | Nil | 54·00 |
138·70 | 27·20 | 15·00 | Nil | 7·00 | Nil | 89·50 |
Pensioner Couple
| ||||||
Income (gross)
| Tax
| Rent
| Rent rebate
| Rates
| Rate rebate
| Disposable income
|
£
| £
| £
| £
| £
| £
| £
|
61·95 | Nil | 15·00 | 13·88 | 7·00 | 6·15 | 59·98 |
66·95 | Nil | 15·00 | 11·38 | 7·00 | 5·15 | 61·48 |
71·95 | 0·48 | 15·00 | 8·93 | 7·00 | 4·17 | 62·57 |
76·95 | 1·93 | 15·00 | 7·48 | 7·00 | 3·52 | 64·02 |
81·95 | 3·38 | 15·00 | 6·03 | 7·00 | 2·87 | 65·47 |
91·95 | 6·28 | 15·00 | 3·13 | 7·00 | 1·57 | 68·37 |
101·95 | 9·18 | 15·00 | Nil | 7·00 | Nil | 70·77 |
111·95 | 12·08 | 15·00 | Nil | 7·00 | Nil | 77·87 |
161·95 | 26·58 | 15·00 | Nil | 7·00 | Nil | 113·37 |
Table 4: 1986, Rent £30·00, Rates £15·00
| ||||||
November 1986
| ||||||
Single Pensioner
| ||||||
Income (gross)
| Tax
| Rent
| Rent rebate
| Rates
| Rale rebate
| Disposable income
|
£
| £
| £
| £
| £
| £
| £
|
38·70 | Nil | 30·00 | 23·13 | 10·00 | 8·05 | 29·88 |
43·70 | Nil | 30·00 | 20·63 | 10·00 | 7·05 | 31·38 |
48·70 | 1·10 | 30·00 | 18·13 | 10·00 | 6·05 | 31·78 |
53·70 | 2·55 | 30·00 | 16·62 | 10·00 | 5·38 | 33·15 |
58·70 | 4·00 | 30·00 | 15·17 | 10·00 | 4·73 | 34·60 |
68·70 | 6·90 | 30·00 | 12·27 | 10·00 | 3·43 | 37·70 |
78·70 | 9·80 | 30·00 | 9·37 | 10·00 | 2·13 | 40·40 |
88·70 | 12·70 | 30·00 | 6·47 | 10·00 | 0·83 | 43·30 |
138·70 | 27·20 | 30·00 | Nil | 10·00 | Nil | 71·50 |
Pensioner Couple
| ||||||
Income (gross)
| Tax
| Rent
| Rent rebate
| Rates
| Rale rebate
| Disposable income
|
£
| £
| £
| £
| £
| £
| £
|
61·95 | Nil | 30·00 | 22·88 | 10·00 | 7·95 | 52·78 |
66·95 | Nil | 30·00 | 20·38 | 10·00 | 6·95 | 54·28 |
71·95 | 0·48 | 30·00 | 17·93 | 10·00 | 5·97 | 55·37 |
76·95 | 1·93 | 30·00 | 16·48 | 10·00 | 5·32 | 56·82 |
81·95 | 3·38 | 30·00 | 15·03 | 10·00 | 4·67 | 58·27 |
91·95 | 6·28 | 30·00 | 12·13 | 10·00 | 3·37 | 61·17 |
101·95 | 9·18 | 30·00 | 9·23 | 10·00 | 2·07 | 64·07 |
111·95 | 12·08 | 30·00 | 6·33 | 10·00 | 0·77 | 66·97 |
161·95 | 26·58 | 30·00 | Nil | 10·00 | Nil | 95·37 |
Notes:
1 The November 1985 retirement pensions and housing benefit needs allowances have been used for tables 1 and 2, and the July 1986 levels for tables 3 and 4.
2 The 1985–86 age allowances and tax rate have been used for tables 1 and 2, and the 1986–87 levels for tables 3 and 4.
3 Income is assumed to be unearned throughout.