Skip to main content

Pension Forecasts

Volume 402: debated on Thursday 3 April 2003

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Secretary of State for Work and Pensions what the differences are in the information sources and technology used to process individual pension forecasts upon request, and those automatically issued prior to retirement. [99959]

Individual pension forecasts are produced by the Retirement Pension Forecasting System. It uses information from an individual's national insurance record held on the Inland Revenue's National Insurance Recording System (NIRS). It also uses detailed information supplied by the individual on form BR19 when they apply for a forecast.The letter entitled "About your Retirement Pension" is produced by the Pension Computer System. It also uses information from an individual's national insurance record. The data are downloaded from the NIRS system to the Pension Computer System approximately four months and eight days prior to the customer attaining pension age to enable the notification to be sent and to allow time for a benefit application to be submitted and processed.