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Pensioners: Income

Volume 506: debated on Monday 22 February 2010

To ask the Secretary of State for Work and Pensions what recent estimate her Department has made of the number of (a) single pensioner and (b) pensioner couple households living below the guaranteed minimum income for pensioners. (316653)

The information that is available is shown in the following table. Information surrounding pensioners' incomes is most commonly given in benefit unit terms. The latest available information on pensioner incomes is for 2007-08 and figures have been rounded to the nearest 100,000.

In 2007-08, the latest year for which data is available, the Pension Credit Guarantee Credit amounts were £119.05 and £181.70, for singles and couples respectively.

Table 1: Number of pensioner units living with income below the minimum income guarantee (at 2007-08 levels)

Number

Pensioner singles

400,000

Pensioner couples

200,000

Notes: 1. Figures have been rounded to the nearest 100,000. 2. Pensioner units are either a single pensioner over state pension age (65 and over for men or 60 and over for women) or pensioner couples. Pensioner couples are couples where at least one member is over state pension age. 3. Income is calculated as the benefit unit's gross income. 4. Based on FRS survey data and as such subject to a degree of sampling and non-sampling error. Source: Pensioners' Incomes Series (derived from the Family Resources Survey).