The information requested is given in the table below:
Table showing the estimated number and proportion of men and women pensioners in receipt of SERPS or S2P in years 2020, 2030, 2040 and 2050
2020 2030 2040 2050 Men Number 4,900,000 5,800,000 6,600,000 6,600,000 Percentage Around 90% Around 90% Over 90% Around 95% Women Number 5,000,000 6,700,000 8,200,000 8,400,000 Percentage Around 75% Around 90% Around 95% Around 95%
Source: DWP projections; Great Britain only.
1. This table shows the proportion and number of people over SPA entitled to gross additional pension (SERPs, S2P) ie over 70% of females over SPA in 2020 are projected to be in receipt of gross additional pension (AP).
2. Figures refer to entitlement not to percentage of those in receipt of some AP. Some people may be entitled but not be in receipt of a pension because they have chosen to defer their entitlement.
3. Proportions have been rounded to the nearest 5%.
4. Population numbers are consistent with 2006 ONS population projections and have been rounded to the nearest 100,000.
5. Estimates take into account the 2007 Pension Act reforms and apply to all people over state pension age in the given years.
To ask Her Majesty's Government further to the answer by Baroness Taylor of Bolton on 14 December 2008 (Official Report, House of Lords, col. 222), what were the total costs incurred by the Ministry of Defence in contesting the case of the late Terry Walker before his war pension was cut from 100 per cent to 40 per cent shortly before he died; and whether they will be represented when the inquest on his death is resumed. [HL5843]
This information is not held in the format requested, so we are unable to identify costs of individual cases.
The Defence Inquests Unit has contacted the office of HM Coroner for Newcastle to offer any assistance it can. It is too early to determine what MoD's involvement in this inquest will be.
Consistent with the Government's policy of encouraging longer working lifetimes and flexible retirement and employment law, any individual in receipt of an occupational pension, whether public or private, may be employed again in either sector.
The basic state pension is 4 per cent lower than it would have been had it been uprated by the average earnings index over the past 10 years.
As set out in the Pensions Act 2007, our objective, subject to affordability and the fiscal position, is to restore the link with earnings in 2012, or by the end of the next Parliament at the latest.
The average earnings index figure for July (LNNC series) has been used for calculations.