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Pensions: Overseas Residence

Volume 483: debated on Tuesday 18 November 2008

To ask the Secretary of State for Work and Pensions what estimate he has made of the cost of up-rating the frozen pensions for retired UK nationals resident abroad who have reached the ages of (a) 70, (b) 75 and (c) 80 years. (235305)

The latest estimates for the cost of uprating the UK state pension for all those in the relevant age groups living in frozen-rate countries are in the following table. They relate to the estimated additional cost that would be incurred in 2008-09 were frozen pensions to be uprated to their unfrozen level but without paying arrears.

2008-09 price terms

Age

£ million

Age 70 and above

430

Age 75 and above

360

Age 80 and above

260

Note:

Figures are rounded to the nearest £10 million.

Source:

Internal estimates using September 2007 retirement pension administrative data: 5 per cent. sample