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Pensioner Incomes
Mr. Denham: To ask the Secretary of State for Social Security if he will estimate for newly retired (a) pensioners and (b) pensioner couples in 1990-91, 1992 and 1994-95 (i) average investment income by quintile and by decile, (ii) average occupational pension income by quintile and by decile, (iii) average personal pension income by quintile and by decile, (iv) average state earnings-related pension scheme income by quintile and by decile and (v) average income from all sources by quintile and by decile. [17474]
Mr. Heald:
The information is not available in the format requested. Such information as is available is in the table.
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(17) Denotes a small sample size these estimates should be used with particular caution.
1. The figures provided are subject to statistical variability and should be used with caution.
2. All incomes quoted are rounded to the nearest 10p, at July 1994 prices. All average amounts are means except where otherwise stated. Components may not sum, due to rounding.
3. A pensioner unit is defined as a single person over state pension age or a couple where the man, defined as the head, is over SPA. A recently retired pensioner unit is defined as a pensioner unit where the head of the benefit unit is less than five years older than SPA.
4. Due to inadequate sample sizes, information cannot be given for recently retired pensioners by decile groups and recently retired pensioner couples for 1992 and 1994-95.
5. The family expenditure survey does not separately identify income from either personal pensions or state earnings-related pensions. Any personal pension details are recorded as investment income.
6. Quintiles have been constructed based on the equivalised before housing costs net income distribution. This is consistent with table 5 of "The Pensioners' Income Series 1994-95."
7. Comparisons of estimates from different years may not give reliable results. It is recommended that these estimates are used to indicate trends over time and that year on year comparisons should be avoided.
26 Feb 1997 : Column: 283
(18) Denotes a small sample size these estimates should be used with particular caution.
1. The figures provide are subject to statistical variability and should be used with caution.
2. All incomes quoted are rounded to the nearest 10p, at July 1994 prices. All average amounts are means except where otherwise stated. Components may not sum, due to rounding.
3. A pensioner unit is defined as a single person over state pension age or a couple where the man, defined as the head, is over SPA. A recently retired pensioner unit is defined as a pensioner unit where the head of the benefit unit is less than five years older than SPA.
4. Due to inadequate sample sizes, information cannot be given for recently retired pensioners by decile groups and recently retired pensioner couples for 1992 and 1994-95.
5. The family expenditure survey does not separately identify income from either personal pensions or state earnings-related pensions. Any personal pension details are recorded as investment income.
6. Quintiles have been constructed based on the equivalised before housing costs net income distribution. This is consistent with table 5 of "The Pensioners' Income Series 1994-95".
7. Comparisons of estimates from different years may not give reliable results. It is recommended that these estimates are used to indicate trends over time and that year on year comparisons should be avoided.
26 Feb 1997 : Column: 285
Notes:
1. The figures provided are subject to statistical variability and should be used with caution.
2. All incomes quoted are rounded to the nearest 10p, at July 1994 prices. All average amounts are means except where otherwise stated. Components may not sum, due to rounding.
3. A pensioner unit is defined as a single person over state pension age or a couple where the man, defined as the head, is over SPA. A recently retired pensioner unit is defined as a pensioner unit where the head of the benefit unit is less than five years older than SPA.
4. Due to inadequate sample sizes, information cannot be given for recently retired pensioners by decile groups and recently retired pensioner couples for 1992 and 1994-95.
5. The family expenditure survey does not separately identify income from either personal pensions or state earnings-related pensions. Any personal pension details are recorded as investment income.
6. Quintiles have been constructed based on the equivalised before housing costs net income distribution. This is consistent with table 5 of "The Pensioners; Incomes Series 1994-95."
7. Comparisons of estimates from different years may not give reliable results. It is recommended that these estimates are used to indicate trends over time and that year on year comparisons should be avoided.
Source:
Pensioners' incomes series 1990-91, 1992 and 1994-95, largely based on the family expenditure survey for each year.
26 Feb 1997 : Column: 285
26 Feb 1997 : Column: 285
Sir Roger Sims:
To ask the Secretary of State for Social Security if he will publish his proposals for the treatment of pension rights on divorce. [18137]
Mr. Lilley:
The Government published a Green Paper on this topic in July 1996. We promised that, following the consultation period, a White Paper would be published in the spring. I have today published the White Paper "Pension rights on Divorce" (Cm 3564). Copies are available in the Library.
Mr. Booth:
To ask the Secretary of State for Social Security what plans he has to make changes to the administration of the discretionary social fund. [17969]
26 Feb 1997 : Column: 286
Mr. Roger Evans:
My right hon. Friend the Secretary of State is introducing minor amendments to his directions and guidance on the help available from the discretionary social fund. These changes, which will take effect from 7 April, include amendments in consequence of the introduction of the Housing Act 1996 and the Housing Grants, Construction and Regeneration Act 1996, in England and Wales, and the Children (Scotland) Act 1995. They also include a range of other minor improvements, the need for which we have identified in the course of our routine monitoring of the social fund.