Skip to main content

Pensioners: Income

Volume 495: debated on Monday 6 July 2009

To ask the Secretary of State for Work and Pensions what estimate she has made of the average (a) cash and (b) percentage change in household income for (i) a single pensioner and (ii) a pensioner couple in receipt of (A) basic state pension and (B) income support under the minimum income guarantee since 1997. (276267)

The information that is available is shown in the following table. Figures are presented in 2007-08 prices in order to allow real terms comparisons.

Average weekly net income after housing costs of pensioner units by receipt of income support for pensioners/pension credit and state pension, 2007-08 prices

1996-97 (£)

2007-08 (£)

Percentage change in real terms

Income support for pensioners/pension credit

Couples

279

395

42

Singles

124

187

51

State pension recipients

Couples

295

415

41

Singles

129

193

50

Notes:

1. Figures are expressed in 2007-08 prices.

2. Net income after housing costs is income from all sources received by the pensioner unit including income from social security benefits, earnings from employment, any private pension, and tax credits, less direct taxes including council tax and housing costs which include rent, water rates and mortgage interest payments.

3. Based on the Family Resources Survey and as such subject to a degree of sampling and non sampling error.

Source:

Pensioners’ Incomes Series