Older Workers

(asked on 12th November 2024) - View Source

Question to the Department for Work and Pensions:

To ask His Majesty's Government what recent assessment they have made of the economic contribution of economically active people over the state pension age in the UK.


Answered by
Baroness Sherlock Portrait
Baroness Sherlock
Minister of State (Department for Work and Pensions)
This question was answered on 22nd November 2024

No recent assessment of the economic impact is available. However, employment rate by individual age from age 50 to 75 is published in the ‘economic labour market status of individuals aged 50 and over, trends over time: 2024’ statistical report: Economic labour market status of individuals aged 50 and over, trends over time: September 2024 - GOV.UK (www.gov.uk). Table 19 shows the employment rate in 2024 for those aged 66, for example, was 30.1%, an increase of 5.3 percentage points since 2019.

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