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Pensioners: Income

Volume 502: debated on Tuesday 8 December 2009

To ask the Secretary of State for Work and Pensions what percentage of the total income of pensioners came from the (a) public purse and (b) private pension provision in the latest period for which figures are available; and what estimate has been made of the equivalent figures for (i) 2030, (ii) 2040 and (iii) 2050. (304386)

In 2007-08, the percentage of total income of pensioners which comes from the public purse is 42 per cent. on average. The percentage of total income of pensioners which comes from a private pension, on average, is 28 per cent. The remaining 30 per cent. on average, comes from investment income, earnings and other income streams.

No estimates have been made of these breakdowns for 2030, 2040 or 2050.