State Retirement Pensions

(asked on 22nd April 2016) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what estimate his Department has made of the number of people who will receive a lower state pension under the single-tier pension system.


Answered by
Justin Tomlinson Portrait
Justin Tomlinson
This question was answered on 3rd May 2016

The information requested can be found in the Impact of the New State Pension (nSP) on an Individual’s Pension Entitlement – Longer Term Effects of nSP published in January 2016. The link can be found here:

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/491845/impact-of-new-state-pension-longer-term-reserach.pdf

Figure 1 of the assessment shows the proportion of all pensioners from 2016 until 2060 at each time point with changed notional State Pension outcomes under the new State Pension.

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