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Sir Andrew Bowden
To ask the Secretary of State for Social Security what percentage of pensioners are identified as receiving income from savings; and what is the mean and median amount received for the latest year for which figures are available. [10200]
Mr. Heald
The latest available information is for 1993, when it is estimated that 73 per cent. of pensioner units were receiving income from savings. The mean amount received in 1993 is estimated to be £28.40 per week and the median is estimated at £4.90.
Notes:
1. Source: Analysis of the 1993 family expenditure survey.
2. Amounts quoted are at July 1993 prices.
3. A pensioner unit is defined as a single person over state pension age or a couple where the husband, or head, is over state pension age.