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Pensioners

Volume 471: debated on Thursday 31 January 2008

To ask the Secretary of State for Work and Pensions what the average income of pensioners in each London borough was in each quarter of the last 10 years; and if he will make a statement. (178419)

Information for London cannot be provided at a lower level than Government office region, averaged over three years. Information that is available is set out in the following table.

Average net weekly income before housing costs for all pensioner units, in real terms

£ per week (2005-06 prices)

London

Great Britain

1994-95 to 1996-97

227

219

1995-96 to 1997-98

225

224

1996-97 to 1998-99

242

231

1997-98 to 1999-2000

256

237

1998-99 to 2000-01

276

245

1999-2000 to 2001-02

286

255

2000-01 to 2002-03

287

264

2001-02 to 2003-04

287

272

2002-03 to 2004-05

287

279

2003-04 to 2005-06

303

287

Notes

1 .Net income before housing costs is gross income less income tax payments, national insurance contributions, contributions to occupational and private pension schemes, local taxes, maintenance and child support payments, and parental contributions to children living away from home. Gross income is from all sources received by the pensioner unit, including income from social security benefits, earnings from employment, any private pension, and tax credits.

2. Based on survey data and as such subject to a degree of sampling and non sampling error.

3. Figures are based on the average of three years' data for government office regions as single year estimates do not provide a robust guide to year-on-year changes. Great Britain figures are included on the same basis for comparison: further information for single years at a national level are available in the publication ‘Pensioners' Income Series 2005-06 (Revised)’.

4. Figures have been rounded to the nearest £.

5. Pensioner units are either pensioner couples or single pensioners.

6. Pensioner couples are couples where one or more of the adults are state pension age or over.

Source:

Pensioners' Income Series 2005/06 (Revised)