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State Retirement Pensions

Volume 483: debated on Tuesday 18 November 2008

To ask the Secretary of State for Work and Pensions how many individuals deferred their state pension to the age of 70 years in each of the last 10 years. (231826)

The information requested is not available. Information on the number of people who first received a deferral reward from age 70 is in the table. Figures for 1999 are not available.

12 months to March each year

Number of customers

2008

800

2007

900

2006

1,000

2005

800

2004

1,100

2003

600

2002

700

2001

1,200

20001

800

1 Figures for 2000 are for six months to March only

Notes:

1. Numbers are rounded to the nearest 100.

2. Numbers are based on a 5 per cent. sample rated in line with the Work and Pensions Longitudinal Study (WPLS) total case load, and are therefore subject to a degree of sampling variation.

3. New rules for deferral came into effect in April 2005 and lump payments became available from April 2006. These data were not available on the datasets until September 2006. A person who deferred their state pension before April 2005 would qualify for increments for the period up to April 2005 and may have a choice of either a lump sum payment or an increment for the period of deferral from April 2005. This means some people may have both an increment and a lump sum payment.

4. The number receiving a ‘deferral reward’ is the number of people with a lump sum or increments for the latest data and the number of people with increments for the data prior to September 2006.

5. Data regarding increments prior to September 1999 are not sufficiently robust to be released.

6. Age 70 is defined as people who were aged 70 at the point when they first appear on the IFD scan.

Source:

Information Directorate (IFD) 5 per cent. sample