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Pensioners

Volume 228: debated on Monday 12 July 1993

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To ask the Secretary of State for Social Security (I) what proportion of recently retired pensioner couples receive income of at least (i) £30 and (ii) £89.90 a week from (a) an occupational pension, (b) income from savings and (c) both occupational pension and income from savings;(2) what proportion of pensioner couples receive income of at least (i) £30 and (ii) £89·90 a week from

(a) an occupational pension, (b) income from savings and (c) both occupational pension and income from savings;

(3) what proportion of single pensioners receive income of at least (i) £20 and (ii) £56·10 a week from (a) an occupational pension, (b) income from savings and (c) both occupational pension and income from savings;

(4) what proportion of recently retired single pensioners receive income of at least (i) £20 and (ii) £56·10 a week from (a) an occupational pension, (b) income from savings and (c) both occupational pension and income from savings.

The information requested is in the tables.

Table 1—The proportion of pensioner couples with income from occupational pensions and savings in excess of (i) £30 per week and (ii) the level of the basic state pension (1989)
Percentage with income from
Occupational pensionsSavingsOccupational pensions and savings
All pensioner couples
Of at least £30 per week392454
Of at least £69·80 per week201232
Recently retired pensioner couples
Of at least £30 per week412554
Of at least £69·80 per week211233
Table 2—The proportion of single pensioners with income from occupational pensions and savings of at least (i) £20 per week and (ii) the level of the basic state pension (1989)
Percentage with income from
Occupational pensionsSavingsOccupational pensions and savings
All single pensioners
Of at least £20 per week241733
Of at least £43·60 per week15921
Recently retired single pensioners
Of at least £20 per week292141
Of at least £43·60 per week191324

Notes:

1. Pensioner units are defined single people over state pension age and couples in which the husband is over state pension age. Recently retired pensioner units are defined as single men aged 65–69, single women aged 60–64 and couples in which the husband is aged 65–69.

2. Figures are based on data from the Family Expenditure Survey of 1989, which is the latest year for which estimates are available. Amounts are in 1989 prices.

3. £43·60 per week was the standard rate of Category A pension payable for the greater part of 1989, and £6980 per week was the amount payable to a couple entitled to full Category A and Category B pensions.